InterCloud Systems Inc. (ICLD)

[benandemmiboo]

Perhaps some excessive optimism now -- speaking from someone with over 1.4 million shares.
If they are not any company's acquisition target, why? If they are going to fully dilute their way out of their senior debt that's due soon, why did they go that horrible route?
We are over-reliant on the trustworthiness of a mgmt that's been sued for deception to provide clarity and give us reasons to add to our investments that go beyond our mere gambling natures.
On the suit they settled at 3/4 the current market cap price of company, they denied wrongdoing but claimed to believe the settlement would be perhaps the best thing for shareholders. If that allows them to get acquired, I understand. If they are not getting acquired, how can it be a perceived positive? They are not exactly cash-rich.
Given the lucrative salaries of mgmt, and given their power/ability to have control over company's future, it's hard to imagine they will accept a buyout offer unless they personally profit big-time from it, or unless it's the only plan they have that does put them on the brink of bankruptcy. And since they seem to have other alternatives right now, such as mass dilution, I'm not betting on them getting acquired unless thos in mgmt already have a new job right around the corner. But if they mass-dilute and fail to renegotiate a single loan, the nice-to-dream 10 cent target might be reduced to a 2 cent target, which is not nearly high enough given all the risk that accompanies this stock.
Naturally maintaining hope, but a little disappointed that the ticker seems more like a roulette game right now. Sure hope they provide an update soon.