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Re: Mohammad111 post# 53058

Wednesday, 03/28/2018 9:21:16 PM

Wednesday, March 28, 2018 9:21:16 PM

Post# of 61601
What concerns me though is whether or not ICLD has revenues. It's going to take time for Netlayer to start to pay off, and without sufficient income they can only turn to more dilution to fund operations. And because of that, I would rather have them keep the AS where it is.

The lower the share price goes before profitability, the more the OS count increases exponentially (it takes more shares to raise the same amount of money). There's a good cushion of shares in the AS remaining now, but those could all get eaten up rather quickly. Once gone, they would have to do another RS.

15M+ shares outstanding now, and currently the AS is 1B shares. That leaves roughly 985M shares for dilution.

If heaven forbid the share price drops down to a penny a share, 985M shares in the AS only raises $9.9M, maybe enough for a couple months of operation.

I just hope they become profitable before the AS gets used up again. However, if they become profitable, it will be blue skies for this stock.