InterCloud Systems Inc. (ICLD)

[er111a]

“We continue to see higher trading volume and dilution in our stock as lenders exercise their rights to convert their debt into equity. These conversions and the corresponding dilution is outside of the Company’s control while the debt is outstanding. The Company is working very aggressively to finalize a conventional asset based financing solution to pay off a portion of the convertible debt and help reduce these conversions. We are also working to complete the sale of certain non-core assets to eliminate additional convertible debt as well."
Two major events in the works. Any day they could announce this. Final means it is almost done. So does the word complete. Finally ER. So many catalysts all coming within the month. Foolish to sell and even more so not to buy!
http://seekingalpha.com/pr/16737854-intercloud-systems-awarded-400k-new-contracts