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And yes you are exactly right and this is what I've been trying to say that the company is aware of how intense the situation is and how much the market valuations have suffered because of the actions of one or more note holders.
That is exactly what caused the recent fall in price per share and fundamentally everything continues to improve.
All the possibilities you mentioned are viable and I am sure the CEO and the board of directors are going to take appropriate action to bring Market valuations back up
IMO
Letter to company this morning
I dont expect an answer. But I wont stop trying.
Good morning everyone,
I'm sure this is not easy but if by some means you could renegotiate the convertible debt on the books as much as possible to a totally different kind of loan and better terms I think the market valuation would shoot up in a huge hurry from the current ridiculous valuations.
On the revenue side hopefully the company can still annualize at 50 million or more for 2017. On the debt side you have done more than enough with the restructuring and realignment in the last 9 months.
Obviously, the most important matter is cleaning the convertible debt. Not easy to do I'm sure, but nevertheless the most important thing to do to maximize benefit of all the effort and resources and energy put into the restructuring and realignment so that the company can become cash flow positive.
My single most important question to you is this. Do you have any plans whatsoever that are somewhat concrete in terms of dealing with a part or all of the convertible debt?
Please just let me know this answer honestly. Every shareholder would appreciate the answer to this question.
Thank you"
IMO
Thanks for your analysis and although I'm not sure what your agenda is since you don't even hold a single share the truth remains that you and I do not know what the CEO is going to do in reference to the convertible debt or any other matter pertaining to the functioning and viability of the firm.
When the debt to equity press release came out you spun it as being a potential bankruptcy in the future. I happen to think that's absolute speculation on your part.
Now you are simply taking the role of warning everybody and you have absolutely no idea what the CEO is going to do just as you did not know he was going to make the announcement of converting debt to equity.
I am pretty sure he has a handle on things much better than you or myself since he is running the company and he is fully familiar with all the matters.
Nevertheless thank you for your selflessness. All the time and energy you put into this we are all indebted to you:))
IMO
Sorry my friend I posted the information as soon as I received it from transfer agent.
IMO
Less than 3.4 million shares added to the outstanding share count yesterday
IMO
Transfer Agent
As of 7/27/17 9:00am, ICLDD shows an OS of 232,171,669.
Dilution may have stopped or eased dramatically.
The outstanding as of 7/28/17 8:54am is at 235,527,374.
BUYYYYYYYYYYYYYYYYYYYYYYYY:))
Melissa Tampubolon
Corporate Stock Transfer, Inc.
3200 Cherry Creek Dr. South, Suite 430
Denver, CO. 80209
IMO
We are up over 5% in the first hour of trading and the volume is just under 7 million so this is the first day of the volume has picked up and no strong bid whacking. let's see how the rest of the day goes but people are stepping up and you're not getting bid whacked so far.
If somebody gets a outstanding share count as of 9 a.m. this morning please post it on the board.
IMO
It's time to leave the .01's and never look back again.
IMO
Closing green today would be very very good for the price action that's forthcoming which should be positive
IMO
You're buying the shares at half a penny pre split.
Is there really anything to think about other than if you're concentrating on the negative posters who don't even have a position.
Everything I have said in my posts still stands and neither I nor the company nor you or anybody else could have controlled what happened right after the reverse split.
If you are looking from the sidelines or you just have a starter position it's not time to find the bottom it's time to take a huge position if you love a company that's going to do close to 50 million or more this year in gross revenues and without a doubt if you're going to see the impact of the debt reduction and the operational expenses that have been reduced drastically and the sales of the non-core assets to downsize the company and make a cash flow positive which is still the objective of the company and was the whole idea behind the restructuring and the realignment efforts of the nine months behind us.
Use your own common sense knowing that common sense is uncommon and I don't really care and I have no reason to pump but I am holding all my shares.
IMO
Yes that's exactly what I have been saying since yesterday afternoon and today we only traded less than 400,000 shares in the last hour and under 10 million and with one hour to go.
Obviously selling has slowed down. We may be closer than we think to the rapid move up and press correction upwards.
IMO
Volume is low again
Lower than yesterday perhaps with 2 hrs to close
Bids arent getting whacked like before
Avg volume 30 mm plus recent days
So far at 2 pm est we're at 9.2 mm
Watch the OS count too. So its was 232 mm as of 9 am. Someone getbthe OS tommorow and lets see what the OS goes to from the 232 mm I reported from the TA this afternoon.
IMO
All I know is that when it's ready to move it's going to move fast and furious because these prices are Beyond ridiculous in terms of value if you are a long-term believer in this company as an investor.
IMO
Yesterday morning I pointed out that the volume was looking lower than usual and the bid whacking has slowed down.
I just reported the OS count as of 9 a.m. this morning from the transfer agent and it sure seems to me that not much was added to the OS yesterday and I'm trying to confirm what the exact numbers might be
I think we should be ready to run here
IMO
The correct outstanding share count as of 9 a.m. this morning
"As of 7/27/17 9:00am, ICLDD shows an OS of 232,171,669."
IMO
It's mostly psychological or maybe some people just don't know the significance but the only reason for the extra d is to show that the reverse split is being completed and when it drops it means it has been completed
IMO
Just called the transfer agent and spoke to her directly and apparently she is not getting my emails but I sent one to her just now and hopefully she'll get back to me with the latest count on outstanding shares.
I will report the number if I get it this afternoon
IMO
It should be about 30 calendar days I'm thinking about August 12th approximately which is a month after the first day of the split.
For some reason the transfer agent is not responding I have sent them four emails in the last 3 days
IMO
That's almost $100,000
This is really nothing. When it moves, it will be very very fast and scared people always chase or get left staring wishing hoping thinking.
IMO
Great call buddy
I double that Sir:))
IMO
Lets close GREEN
BUY NOW INVESTORS
IMO
6 mts to go and volume
Is lower than average
We went over .02
Bid whacking eased
Signs look good
When it flies you better be on the bus
IMO
Company is fully aware
Of drastic reduction in valuation. The recent pr was an action statement of goodwill at the least.
One major announcement and all these sideliners will be chasing and left in the dust. The negative oracles and know it alls and the manipulators will shut up and hide
These prices are not saying THINK about buying. They are saying BUYYYYY
JUST IMO
Sideline investors accumulating in six figure blocks here
They all see the ridiculous VALUE at these prices.
See the huge bids pop up?
Its crazy VALUE DOWN HERE AT .02 CENTS
IMO
Volume about 10 million less
Than the average 30 mm plus we have seen in recent days. But we have 18 mts left lol
If tgey dont dump....then great...obviously they still have shares to sell...how much more? We're still not entitely sure
IMO
Correct
It's because they have their own agenda and some are too busy with stinking thinking and they cannot think straight.
IMO
GOOD FOR YOU
Good Luck buddy
This company will be much higher ....just timing. Yours is Awesome
IMO
Wake up and BUY
People get complacent and negative and then almost always miss the boat caught up in paralysis fear bottom hunting
Just BUYYYYYYY
IMO
Higher Grounds
Break this wall Mr. Gorbachev:)))
Lets Rolllllll
Imo
Its getting tested as we speak
IMO
If I had an extra 10000
I would be buying every dang share under .02 cents I could. It's like half a penny pre split for crying out loud.
IMO
Volume is low on bid whacking
Up volume comes and this moves like super man upwards if selling is done
Anytime is possible
IMO
D comes off in 20 trading days after RS. About August 12th roughly.
Earnings almost exactly same time frame.
Volume seems lower
Less bid whacking.
It can move anytime really. Once vndm arca etc get off, we will move higher.
10 cents is 2.5 cents presplit. We will go that direction.
Fundamentally we are on track. The company is moving in right direction. The selling by noteholders not something that the company can control.
Anyone trying to connect the recent news of converting debt to equity to a possible bankruptcy is at best giving us their opinion and they don't own any shares and at worst they're pulling it out of their behind.
Stay the course.
IMO
Volume
I am in meetings but someone check the volume each day starting the first day post reverse split.
Recently we have been averaging 30 million but that's just a complete guess.
If the volume dries down that could be one indication that selling pressure is easing but no guarantees.
The note holders came out selling with blazing guns Monday and Tuesday today it seems they're not hitting the bid as hard but it's still early
IMO
Untrue
OS is 155ish as of july 20th.
Another poster confirmed 198mm as of july 24rth.
Apart from transfer agent, dont trust any other is count number.
IMO
Great thank you for letting everyone know and that means we are about 75 million shares added to the outstanding shares give or take a few million and that doesn't take into account what may have been added today.
IMO
Great that's just great and the key word is manipulation. Just keep manipulating.
IMO
You already should know the story since you have traded it in and out twice recently and this afternoon you bailed and said you're going to take your money somewhere else.
You already know what's going on here and you're looking for in and out trades so just keep watching and do what you have to do.
IMO
We have gone over this several times in the past posts that the number is in accurately reflected in OTC markets.com
The place to find the exact number and the most accurate number on outstanding shares is to contact the transfer agent which is what I did.
The last count as of the morning of the 20th of July was just under 155 million as I posted a few minutes ago.
I have emailed them twice today and twice yesterday and I don't have a response but I would imagine that the number has gone up from 155 million but I do not know the exact number at this point since I have not heard back from the transfer agent today.
If someone else has received a response please Post-it so that everyone knows what the closest accurate number is on outstanding shares.
Thanks
IMO
As of 7/20/17 8:47am, INTERCLOUD SYSTEMS INC shows an OS of 154,879,316
That was the reply I got from the transfer agent on the 20th of July I have sent three requests in the last two days but have not received a response on the OS so that's the last information I have
IMO