Future 10Q's required for answers
You are correct Paul
As a reporting company they are probably not going to put out an interim PR......unless it's great news....about how the payments were funded (shares sold privately) relating to EPEC.
The June payments should be revealed in the 2Qtr 10Q , but the JUly payments , or debacle, will not be covered until the 3Qtr 10Q.....
.....which could be a long time from now.
The company has been pretty late with it's 10Q fillings.....but a couple delays were due to end of Qtr snags the accounts had to digest for proper disclosure.
Somewhere within the EPEC intentions to acquire time frame the third party funding has either hit a snag or one of the previous investors needs to cash out previously funded shares OR one of the earlier acquired "partnership" companies has needed to unload shares that were tendered for their deals and the stock just can't support the selling.
I have known some of the investors for a long time and we have some good people trying to seriously make ICOR successful...but....money is money and someone needs their money back for a while.
I haven't communicated with them in a while and I'm leaving it alone for now.
I've seen these guys do some great financial work in the past so I have the faith that they'll contain anything truly serious........
However.......the stock is getting truly serious........
The problem with fully reporting companies is management and others just clam completely up and information about what's really happening is hard to get. I just don't know.........for now.
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