Some thoughts regarding the 2017 annual report, many expense charges are non-cash, one-time charges like $7,992 goodwill reduction and $1,522 Impairment of debt which equal 40% of operating expenses ,so not very comparable to prior year.
Last year ICLD had very good long-term debt reduction cut in half, to $12M from $25M.
Operating Loss per share is improved ($14) vs. ($25).
So clearly, 2017 was a year of transition, need to stabilize and now focus on cloud services.
ICLD is still way undervalued IMO.
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