Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Lol os is about to be maxed and you are being negative... a great run is coming very soon
946mil ultimate max however it should start getting above .01 once we are in the 800s
Added another mil today
Getting very close Cj
Looking great
Get ready imo!
Wouldn’t mind some teens
Cj you always show up at the right times =)
Very good bro, hard not to take advantage of these prices
Added a cool mil of 20s to my stash. Pennies coming =)
Drown out the noise, couple weeks AS will be maxed and no more converting. We could easily see .04+ I spoke with management and there will be no AS increase. Reversal coming very soon.
Pr should be AR and not AK for Walmarts in Bentonville
CANT needs to buzz off
Veryyyyyyy soon, almost maxed
Looking great here
Nice news!
Plus I don’t think Vndm has much left anyways. Friend calculated and thinks we are just going through residuals now.
Let’s see if VNDM lets her breathe
They can’t max out 100% plus there are some shares on reserve. I would say they can max out up to 850-900 mil
TA UPDATE AS OF 11/21/2017
--- Forwarded message ---From: Melissa Tampubolon <mtampubolon@corporatestock.com>Date: November 21, 2017 2:19:18 PMSubject: RE: ICLD UpdateTo: @gmail.com
As of 11/21/17 11:34am, ICLD shows an OS of 692,673,757.
Melissa Tampubolon
Corporate Stock Transfer, Inc.
3200 Cherry Creek Dr. South, Suite 430
Denver, CO. 80209
Phone: (303) 282-4800 | Fax: (303) 282-5800
ü Please consider the environment before printing this email.
DO YOU NEED AN ESCROW AGENT? CST offers complete escrow administration services. Corporate Stock Transfer is available to serve as a neutral third party, set up sub accounts to receive funds and provide reasonable fees that benefit both parties of the transaction
CONFIDENTIALITY NOTICE / DISCLAIMER This message contains confidential and protected information intended for a specific individual and purpose, and is protected by law. If you are not the intended recipient, you should delete this message. Any disclosure, copying, or distribution of this message, or taking of any action based on it, is strictly prohibited. If you have received this email and the attachments in error, please delete it.
From: @gmail.com [mailto:@gmail.com]
Sent: Tuesday, November 21, 2017 1:14 PM
To: Melissa Tampubolon
Subject: ICLD Update
I talked with management today and there will be no reverse split or an a/s increase period. The toxic share are almost maxed out. If you don’t believe xylan please call Larry sanders. Shares are getting maxed out and management is working on taking out the rest of the toxic. Hence the huge accumulation.
Can we say boomage?
When dilution stops it would be too late to get cheap shares. So many people took advantage of these low pricess
Exactly, it's so coiled up. The moment VNDM pos leaves this will explode. Just looking at that accumulation, it's very obvious not just ihubers buying.
ICLD
When VNDM leaves we fly. That simple
Added 3 mil today
ICLD
Very nice news! Way undervalued here
Beautiful day
News https://ir.intercloudsys.com/press-releases/detail/909
InterCloud Systems Reports Third Quarter 2017 Results
NOVEMBER 16, 2017
ICLD streamlines operations
Salaries and Wages decline 54% 3Q 2017 vs. 3Q 2016
Selling, General and Administrative Expenses decline 64% 3Q 2017 vs. 3Q 2016
SHREWSBURY, N.J., Nov. 16, 2017 (GLOBE NEWSWIRE) -- InterCloud Systems, Inc. (the "Company" or "InterCloud") (OTCQB:ICLD), a leading provider of cloud networking orchestration and automation solutions and services, today reported financial results for the third quarter of 2017.
Mark Munro, Chairman and CEO of InterCloud, stated, “The financial results reflect our continued elimination and restructuring of debt; the reduction of expenses and the overall strengthening of the Company’s balance sheet. We are hoping that through these efforts we can restore shareholder value in the future.”
3rd Quarter Financial Highlights:
Revenue for the third quarter ended June 30, 2017 decreased $9.6 million, or 49%, to $10.0 million, as compared to $19.6 million for the third quarter of 2016. This was the result of subsidiaries disposed of during the first and second quarters of 2017. Gross profit percentage was 27% for the third quarter ended September 30, 2017, compared to 29% for the same period in 2016. The overall decrease in gross profit percentage was due to reduced margins within the Company’s professional services segment offset by increased margins in the application and infrastructure segment.
The Company had a loss from operations of $(1.1) million compared to loss from operations of $(3.8) million in the comparable period of 2016. The Company had a net loss attributable to common stockholders of $(5.5) million in the third quarter of 2017 compared to net income of $2.1 million for the comparable period of 2016. The net income in 2016 was the result of a gain on change in derivative of $11.2 million in the third quarter of 2016, compared to a gain on change in derivative of $3.2 million in the comparable period of 2017. The decrease in net loss was an increase in the loss on extinguishment of debt of $4.4 million in the third quarter of 2017 compared to a loss from extinguishment of debt of $1.6 million in the comparable 2016 period. Additionally, there were decreases in salaries and wages and SG&A expenses of $5.1 million and a decrease in interest expense of $1.0 million. These decreases were offset by a decrease in gross profit of $2.9 million.
About InterCloud Systems, Inc.
InterCloud Systems, Inc. is a leading provider of cloud networking orchestration and automation, for Software Defined Networking (SDN) and Network Function Virtualization (NFV) cloud environments to the telecommunications service provider (carrier) and corporate enterprise markets through cloud solutions and professional services. InterCloud's cloud solutions offer enterprise and service-provider customers the opportunity to adopt an operational expense model by outsourcing cloud deployment and management to InterCloud rather than the capital expense model that has dominated in recent decades in IT infrastructure management. Additional information regarding InterCloud may be found on InterCloud's website at www.intercloudsys.com.
Forward Looking Statements
Statements in this press release regarding InterCloud that are not historical facts are forward-looking statements and are subject to risks and uncertainties that could cause actual future events or results to differ materially from such statements. Any such forward-looking statements, including, but not limited to, financial guidance, are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements that do not directly or exclusively relate to historical facts. In some cases, you can identify forward-looking statements by terms such as “may,” “will,” “should,” “could,” “would,” “expects,” “plans,” “anticipates,” “believes,” “estimates,” “projects,” “forecasts,” “predicts,” “potential,” or the negative of those terms, and similar expressions and comparable terminology. These include, but are not limited to, statements relating to future events or our future financial and operating results, plans, objectives, expectations and intentions. Although we believe that the expectations reflected in these forward-looking statements are reasonable, these expectations may not be achieved. Forward-looking statements represent our intentions, plans, expectations, assumptions and beliefs about future events and are subject to known and unknown risks, uncertainties and other factors outside of our control that could cause our actual results, performance or achievement to differ materially from those expressed or implied by these forward-looking statements. In addition to the risks described above, these risks and uncertainties include: our ability to successfully execute our business strategies, including integration of acquisitions and the future acquisition of other businesses to grow our company; customers’ cancellation on short notice of master service agreements from which we derive a significant portion of our revenue or our failure to renew such master service agreements on favorable terms or at all; our ability to attract and retain key personnel and skilled labor to meet the requirements of our labor-intensive business or labor difficulties which could have an effect on our ability to bid for and successfully complete contracts; our failure to compete effectively in our highly competitive industry could reduce the number of new contracts awarded to us or adversely affect our market share and harm our financial performance; our ability to adopt and master new technologies and adjust certain fixed costs and expenses to adapt to our industry’s and customers’ evolving demands; our history of losses, deficiency in working capital and a stockholders’ deficit and our ability to achieve sustained profitability; material weaknesses in our internal control over financial reporting and our ability to maintain effective controls over financial reporting in the future; our substantial indebtedness could adversely affect our business, financial condition and results of operations and our ability to meet our payment obligations; the impact of new or changed laws, regulations or other industry standards that could adversely affect our ability to conduct our business; and changes in general market, economic and political conditions in the United States and global economies or financial markets, including those resulting from natural or man-made disasters.
These forward-looking statements represent our estimates and assumptions only as of the date of this release and, except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise after the date of this release. Given these uncertainties, you should not place undue reliance on these forward-looking statements and should consider various factors, including the risks described, among other places, in our most recent Annual Report on Form 10-K and in our Quarterly Reports on Form 10-Q, as well as any amendments thereto, filed with the SEC.
Condensed Consolidated Statements of Operations
(Dollar amounts in thousands, except per share data)
(Unaudited) For the three months ended September 30, 20172016Revenues $ 10,034 $ 19,553Gross Profit 2,7565,613Operating Expenses3,9519,410Loss from Operations (1,195)(3,797)Other (expense) income, net (4,365)5,868Net (loss) income before income taxes (5,560)2,071(Benefit from) provision for income taxes (31)48(Loss) income from continuing operations (5,529)2,023Net loss attributable to non-controlling interest31 44Net (loss) income attributable to InterCloud Systems, Inc. common stockholders $ (5,498) $ 2,067Basic (loss) income per share from continuing operations, basic $ (0.01) $ 0.22Basic (loss) income per share from continuing operations, diluted $ (0.01) $ 0.01 Weighted average shares outstanding, basic 436,049,4069,253,135Weighted average shares outstanding, diluted 436,049,40625,425,642 For the nine months ended September 30, 20172016Revenues $ 32,105 $ 59776Gross Profit7,75115,246Operating Expenses20,11526,902Loss from Operations(12,364)(11,656)Other expense, net(19,869)(4,279)Net loss before income taxes(32,233)(15,935)(Benefit from) provision for income taxes(389)164Gain on discontinued operations, net of taxes--465Net income (loss) attributable to non-controlling interest166 (22)Net loss attributable to InterCloud Systems, Inc. common stockholders $ (31,679) $ (15,656)Basic loss per share from continuing operations, basic and diluted $ (0.19) $ (1.91)Income per share, from discontinued operations, basic and diluted--$ 0.06Basic net loss per share$ (0.19) $ (1.85) Basic and diluted weighted average shares outstanding 169,069,8998,194,650 Selected Balance Sheet Data
(Dollar amounts in thousands, except per share data)
(Unaudited) September 30,
2017December 31,
2016Cash $ 827 $ 1,790Accounts Receivable, net 8,041 13,952Total current assets 16,130 18,389Goodwill and intangible assets 17,238 35,391Total assets 33,986 54,569 Total current liabilities 57,242 57,802Other liabilities, including long term debt3,394 12,810Stockholders' deficit(26,650) (16,043)
CONTACT:
Investor Relations
Tel: 561.988.1988
Source: InterCloud Systems, Inc.
Released November 16, 2017
© Copyright 2015 Intercloud Systems, Inc.
———OverviewCareerContact Usicld_footer
T-trades going off
It’s mostly Vndm with some panicky traders. I loaded 30s
Lol Wrong company, there is cash left and its not 60 mil in liabilities
Conversions could be done until January
436,049,406 issued and outstanding end of sept quarter
Another 183 million have been converted through nov 9th
I don’t see Anymore conversions until January
The current otc report shows 612,833,373
Have to be very close
8-k out
Adding
Going to heated soon
Incorrect sir