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Incentra Solutions Inc. (fka ICNSQ)

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Last Post: 5/6/2016 9:10:53 AM - Followers: 8 - Board type: Free - Posts Today: 0

Incentra Solutions Inc.
1140 Pearl Street
Boulder, CO 80302
Phone: 800-397-1719
Web Site:
Sector: Technology
Industry: Data Storage Devices
Full Time Employees: 168

O/S 22,935,240 as of Nov 3, 2008

Float 12,900,000

July 14, 2009

Boulder, CO — July 14, 2009 — Incentra, LLC , a provider of complete IT solutions to enterprise companies and managed service providers throughout North America and Europe, today announced a new Secure Replication Service delivered with EMC® Avamar®. This new offering automates the offsite replication of customer backup data to improve disaster recovery capabilities and is the latest addition to Incentra’s portfolio of managed storage services

Asset sale April 15, 2009


Operating as Incentra, LLC- Continuation of Management, New Ownership, Strong Balance Sheet


Boulder, CO — April 15, 2009 — Incentra, LLC (“Company”) today announced it commenced operations upon completion of the acquisition of substantially all of Incentra Solutions, Inc. assets and its subsidiaries (collectively, the “Debtor”) in a 363 sale in the U.S. Bankruptcy Court located in Delaware where the Debtor first filed for bankruptcy protection back in February 2009. Incentra, LLC is a privately owned entity with the headquarters remaining in Boulder, CO. and will operate throughout the United States and Western Europe. As part of the asset purchase, Incentra, LLC acquired all of the Debtor’s service delivery assets including the 24x7 network operations center and the GridWorks Operations Support System (OSS) software to enable uninterrupted service delivery to its managed services customers.

As of the closing of the asset purchase, Incentra, LLC extended employment offers to all of the Debtor’s employees. With the hiring of the Debtor’s employees comes the ability and responsibility to continue to deliver on all of the outstanding professional services and consulting engagements signed prior to and during the bankruptcy. The Company stated the transition from the old to the new Company is seamless and there is absolutely no reason for customers to experience any delays or degradations in services delivered.

“The employees are the life blood of the Company and without them we would not have been able to bring the bankruptcy process to closure so quickly. Our employees really stepped up during this process to ensure the Company continued to deliver the technologies and services our customers depend on,” commented Chief Executive Officer Tom Sweeney.

Incentra, LLC has obtained authorizations from its partners and manufacturers allowing the Company to represent and sell all of the technologies its customers require. Orders placed prior to the asset purchase will be completed without delay and customers will see no impact from the change in ownership.

“Our partners really supported us during this period and helped us to not only close a significant amount of business during the first quarter, but also position the new company for continued success throughout 2009. Our pipeline shows the second quarter and beyond are going to be well above the last two quarters in terms of total spend by customers for technologies and services,” said Chief Operating Officer & President Shawn O’Grady.

The Company, as part of its purchase price for the Debtor’s assets, agreed to assume the debt of the Debtor owing to its senior lenders and has successfully negotiated a significant restructuring of this debt, including modification of the prior revolving credit facility to provide additional credit capacity and liquidity to manage working capital needs. The restructuring significantly improves the Company’s balance sheet. The Company has also reduced its operating expense base and has substantial working capital available.

About Incentra, LLC
Incentra, LLC is a provider of Technology, Consulting and Outsourcing services providing complete IT solutions to enterprise companies and managed service providers throughout North America and Europe. These services are all customized to help individual clients realize the full impact of their IT investments. By leveraging relationships with almost 100 manufacturers, Incentra's experts deliver a unique combination of Consulting, Technology, and Outsourcing that maximize results for every infrastructure project. For more information, visit 


1yr chart daily 

3yr weekly chart

#127   ICNSQ revoked: Renee 05/06/16 09:10:53 AM
#126   ICNSQ revoked: Renee 05/06/16 09:10:52 AM
#125   ICNSQ SEC Suspension for Financials / Filings delinquencies: Renee 01/22/16 09:34:41 AM
#124   Interesting volume on my scanner Just checked their website http://incentrasolut etcetera 03/21/13 03:26:33 PM
#123   Keep an eye on the nevada sos for reinstatement etcetera 04/26/12 03:19:17 PM
#122   So Incentra employees work for Datalink.... Abag 05/13/11 01:38:10 AM
#121   No one is selling this stock, they all Abag 05/13/11 01:22:07 AM
#120   Wow, Datalink bought Incentra, that is huge..... Abag 05/12/11 10:33:29 AM
#119   I'm sure we see some early buying tomorrow. wyokid 04/10/11 08:46:25 PM
#118   ICNSQ Stocktamer 04/10/11 04:32:08 PM
#117   What a couple AMAZING days here! Can't wait AriGold212 04/08/11 03:43:30 PM
#116   Time to start slapping... wyokid 04/08/11 01:10:34 PM
#115   Here we go! Afternoon ACTION!~ AriGold212 04/08/11 12:27:53 PM
#114   Think So..... EOD will hopefully be strong! AriGold212 04/08/11 11:39:08 AM
#113   ICNSQ Stocktamer 04/08/11 10:30:00 AM
#112   I like this scenario. Not much people are stockgamble 04/08/11 10:17:57 AM
#111   wtf? albundy 04/08/11 10:15:29 AM
#110   Good morning! Today's the day! Slap 'em up! wyokid 04/08/11 09:55:49 AM
#109   :-) shankapotamus 04/07/11 05:39:45 PM
#108   BLUE SKY BREAKOUT!!! wyokid 04/07/11 04:51:10 PM
#107   Strong Buy! Stocktamer 04/07/11 04:43:37 PM
#106   High of the year! shankapotamus 04/07/11 03:45:28 PM
#105   Thanks same to you. Stocktamer 04/07/11 03:20:35 PM
#104   ICNSQ is bankrupt but that never stopped "us" hanna_preserve 04/07/11 03:19:03 PM
#103   Should be a nice week ahead. Stocktamer 04/07/11 03:04:49 PM
#102   ICNSQ Still out-to-lunch? trades quiet as of 2:40pm hanna_preserve 04/07/11 03:03:31 PM
#101   Looking for the after lunch crowd on ICNSQ... Stocktamer 04/07/11 02:50:00 PM
#100   ICNSQ ICNSQ better grab them now it's going Texacoon 04/07/11 02:38:10 PM
#99   News must be on the horizon stocks don't Texacoon 04/07/11 02:36:19 PM
#98   LOOKS like a multi day runner here scope Texacoon 04/07/11 02:35:05 PM
#97   Something is happening here better get the cheapies Texacoon 04/07/11 02:34:11 PM
#96   It is amazing what a little love will do. Stocktamer 04/07/11 02:33:56 PM
#95   Nice to see you Ari...ICNSQ is a Stocktamer 04/07/11 02:31:18 PM
#94   Totally Agree Here! AriGold212 04/07/11 02:27:41 PM
#93   I think the fun has just started on Stocktamer 04/07/11 01:26:57 PM
#92   ICNSQ I'm out .. website @ top hanna_preserve 04/07/11 01:24:31 PM
#91   Yes it is. Once ICNSQ hits some radars Stocktamer 04/07/11 12:50:57 PM
#90   Thanks. Structure does look to be excellent, creede 04/07/11 12:50:01 PM
#89   "Q" stocks are hot right now and this Stocktamer 04/07/11 12:46:13 PM
#88   Hey Stocktamer, creede 04/07/11 12:44:20 PM
#87   You know the saying. Know when to holdem wshaw14 04/07/11 11:55:03 AM
#86   iBox old news. creede 04/07/11 11:52:02 AM
#85   Wow! Big gains here. shankapotamus 04/07/11 11:49:19 AM
#84   wshaw14 04/07/11 11:46:11 AM
#83   he he he! I put coins in my roger wilco 04/07/11 11:29:25 AM
#82   great quote. creede 04/07/11 11:21:19 AM
#81   i tried to get in this a.m. and Mikey 04/07/11 11:20:11 AM
#80   Hey xbigshot1, creede 04/07/11 11:12:04 AM
#79   Next leg up coming! wyokid 04/07/11 10:42:53 AM
#78   Lots of accumulation at .009 stockgamble 04/07/11 10:29:45 AM