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Re: joyce123 post# 49257

Wednesday, 12/20/2017 11:28:57 AM

Wednesday, December 20, 2017 11:28:57 AM

Post# of 61601
He wasn't in yet. I just spoke with Judy at IR a bit ago.

Had lined up some questions and took notes.

Basically told me what she’s told others.
No way to know, exactly, when for RS but generally speaking about 4 months out. Late Q1 or early Q2. That is something that is up to FINRA and with the usual timeframe being several months out, not to mention holidays, etc not expecting it to be approved for a while.

She believes the debt will be taken care of well before the RS occurs. Not sure if that was a clue to more of it having been eliminated/restructured or not...but perhaps. JMO on that part.

Hurricane work has begun and will be ongoing well into 2018.

I asked as to why they had not announced any contracts and she replied that they can’t announce every contract secured depending on the company it’s with. And not to read into it that contracts have not been coming in just because there have been no announcements.

As mentioned to others, RS being done to keep status on OTC .01 or higher.
She stressed to me that the paperwork filed is just the basic paperwork which needs to be filed and that it has no bearing on anything happening sooner or later. Simply part of the required process.

She also reiterated that ICLD is in much better shape than even a few months ago, that they have eliminated a ton of debt and are working to eliminate the rest while still looking to trim off any parts of the co. they feel are not in line with their plans moving forward.

Finally, she did also say that the SP should be much more stable moving forward as the rest of the debt will be eliminated and that the RS is not to be seen as having the same effect as it has had in the past.

Also, as per past SH letters, no plans whatsoever to go the BK route. So any rumblings to that effect is all BS big smile


Hope this helps for those invested here or possibly looking to buy in.

$ICLD