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Re: KeepItRealistic post# 58021

Sunday, 01/13/2019 1:33:42 PM

Sunday, January 13, 2019 1:33:42 PM

Post# of 61601
Even at 6% ownership there's still upside. Let's say Wavetech is valued at $200,000,000 at IPO (That's around 16% of their anticipated valuation of 1.2bil in 2021 - so it's not a crazy number). If you own 1% of ICLD shares now - about 7mil shares - and ICLD gets 6% of the total company, that's still about $120,000 in equity. If you got in at .0005 like some of us then that's a great return. Plus, you could still see increases with more potential for Wavetech growth.

Of course, this all depends on the merger happening and the IPO valuation. Check your capacity for risk. JMO.