InvestorsHub Logo
Followers 744
Posts 62185
Boards Moderated 11
Alias Born 10/05/2009

Re: IED post# 60077

Monday, 05/13/2019 10:29:54 AM

Monday, May 13, 2019 10:29:54 AM

Post# of 61601
ICLD just converted 3.7 Million dollars of SGSI debt owed to ICLD into controlling ownership shares of SGSI.

Debt does not do a 10x increase in value, but SGSI shares, once the trade war spat settles down may jump up 10X, thus making the ICLD shares do a 10X rally.

SGSI 10-Q is due Wednesday and its float and OS is tiny, and way under priced now that the debt has just been converted to no interest bearing stock holder equity, making an up list to Nasdaq posssible. SGSI has about 35 mil/yr in revenue, 5G telecom engineering services firm.

All of my posts are strictly opinions and should not be considered to be facts, or investment advise. They are for entertainment purposes only.