Well half of what I bought hasn't done much, and the other half pretty much turned to sh!t. One purchase though is doing OK. I was able to pick a good chunk of RXM$ about 2 weeks ago at $0.08 and it's currently trading in the 10-12 cent range. But I'm still in it to win it lol. Hopefully some of your other holdings are performing well for you too.
Yeah, I saw the Netlayer news today. Every little bit helps, no doubt. But I think the reason the news didn't move the ICLD dial much is because it's only $2M, and last year they lost that much every 2 weeks. So they need 2 new contracts like that every month just to break even.
But still it's a start. Netlayer is a good concept and all, but it will take time to gain traction to build momentum. Unfortunately though, ICLD doesn't have a lot of time on it's side at the current rate that they've been burning cash. If they can slow down the cash burn rate while concurrently signing new contracts, that would be a good start.
I just hope they're not low balling the competition just to get contracts. Because what good is a $2M contract if your costs in it after it's all said and done is $3M? That doesn't work. And by looking at last year's financials it looks like they might have had some of that going on.
Best of luck to you. Hang in there!
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