Thursday, July 19, 2018 3:26:39 PM
But one thing just dawned on me, first the debt is not due till jan 2019. Two, Ponder has a 5 million dollar line of credit using receivables. He may not be worried about, as he could just pay off that loan early, and not print shares.
It is obvious to anyone paying attention that ICLD has not done any debt conversion, as they could have sold shares to collect $2 mil dollars in SGSI debt 3 months ago. The OS has not changed in a month per the latest up dates.
This selling was day trading volume running scared of the R/S news that was old news to us, and they sold to real longs like me.
If we start seeing news of things being done step by step for the up list, the Nasdaq checklist being filled out, that and ongoing new orders, a 10-Q we expect to show a net profit due in 25-30 days, and a new company purchase in the next 30-45 days, I doubt we see any more real dips from here.
All of my posts are strictly opinions and should not be considered to be facts, or investment advise. They are for entertainment purposes only.
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