It would FIRST have to be voted on, which means WE as shareholders would have to be notified that there was going to BE such a vote. If the vote was FOR a buyback, it would have to be reported to the SEC before commencing the buyback.
Does anyone really think ICLD has money to purchase its own stock before it pays off the rest of its convertible debt? Holy crap, folks, it makes absolutely no sense!!
Stock buybacks are generally done to dispose of excess profits. I don't think that's ICLD's current problem.
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