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Re: Mohammad111 post# 53249

Friday, 04/20/2018 3:58:56 PM

Friday, April 20, 2018 3:58:56 PM

Post# of 61601
In 2017 ICLD had a net loss of $44,366,000, so roughly $3.7M loss/mo. Not quite $4M/mo as I stated in my previous message.

And that comes to a net loss of $11.1M/quarter. So if their Q1 2018 shows a loss of less than that, it would be an improvement in my opinion.

The 2017 financials were still rather ugly no matter how you slice or dice it. From Munro's PRs last year I was under the impression that he was much further along at turning his company around. But there's usually more truth in SEC filings than company press releases.

Sorry to hear you had everything in ICLD. I hope they can pull through for you.