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Thanks for writing the letter and your time on this blog. However, I don't think ANY CEO would listen to investors when there is a daily marketing campaign (blogs) that is negative about the company.
In fact, It's possible his plans revolve around a 2 cent multiplier. I wouldn't blame him for that. Bad press is just that-BAD. Difficult to overcome unless a real analyst steps in and writes another article.
IMHO
This is the volume it was when they put out news around June-ish , so on a non-news day 9.3 M is good volume.
It had become as low as 2 or 3 M at one point. At least we can rely on them putting out press releases
GL
IMO
20 trading days, see below from the July 12 filing
"The common stock will continue to trade under the ticker symbol “ICLD”, although the letter “D” will be temporarily appended to the ticker symbol for twenty trading days following the reverse split."
..after the negative "opinions" are posted, stock goes up, and there will be SILENCE for a month or so until the next opportunity.
Nailed it! Try submitting a complaint about it. It will go NOWHERE.
Here is why you buy NOW.:
"When declines like this happen it’s important for investors to look at asset valuations. At the end of Q1 2017 they had current assets of over $15.3 million including AR of $11.6 million. They had $14.0 million in revenue for the quarter on pace with a $56.0 million annual run rate. The company’s cash flow is slightly negative in operations and under pressure but any sizeable contract awards would be profitable. The interesting point about their cash flow is that their receivables do not seem to be fully pledged which may allow them to get a factoring facility in the future allowing them to take on more business. This company is likely to produce over $50 mil in sales and has 24% gross margin so any improvement in margin or sales could tip the company toward profitability. As an investor you have to ask does it make sense if a company with $50 million in annual sales in an industry with above average growth that is in merger and acquisition mode will stay at a $3.28 million valuation very long. Trading at .06 sales while its peers are trading a multiples to sales seem a little unvalued in such a hot market sector.
When company’s do reverse stock splits nothing fundamentally has changed in the company. The market capitalization remains the same and the share count decreases. In this particular scenario one party with a convertible note seemed to be anxious to liquidate their position but could not do so because the company was at its maximum authorized share count. Once the split was completed and the authorized shares reduced the transfer agent was able to issue more shares pursuant to the convertible note. If you were an existing shareholder of ICLDD on the date of the reverse the only way to sell your shares would have been to call it in to your broker. Electronic access would have been denied until the reorganization work was completed. Once the stock opened for trading on July 12, 2017 there was almost an immediate free fall in price. The only party with stock to sell right after the bell would have been a convertible noteholder that had been waiting months to convert his stock. So when a stock loses $10 million in market capitalization in 7 days and nothing fundamentally has changed with the company and the selling shareholder seems to be done it might be time for value investors to step up and scoop up shares at extremely discounted valuations."
Heres the article from TUESDAY with the debt table and opinion.
http://emerginggrowth.com/analyzing-reverse-split-intercloud-systems-otcqb-icldd/
He's right. It came a little late. Ttrade at 0.0207 about 4:15 EST
TMRW should be interesting. As stated earlier. i think this is a great swing or hold b-4 earnings in 2 weeks. As of today, the 0.019s are gone.
IMO and GL
Lots of investors looking for value plays right now for the balance of the year.
GLTU
I grabbed some sub 2's as well. Trading looking better today IMHO
GL!!!!
I just don't see what you're seeing- and I have been watching
level 2 all day.
Would you kindly elaborate on what is illegal???
There was a point when the "online PR" AKA _ _ _ _ became so bad volume had dropped to less than 2M. Now is a great opportunity to day trade, or hold, if you wish. From what I can see now, absent a 16:00 PM Ttrade, the 0.019s are gone. I think the risk/reward now to ER in 2 weeks in pretty good. My opinion.
Agreed
GL
VNDM moved to SP 0.022
7,832,600 in volume today and several buys rolling down the screen at 9,999 at SP 0.019
They told us prior to the RS, Ive seen it happen with other stocks
& no warning. As for the share lock up-my broker explained that these "delayed corp actions" were not uncommon and he used Mobile Eye as an example, in case you think this only happens in the OTC.
II agree with you on the voting rights, but if someone owed me $ 4 M I would want a hell of a lot more BACK, not just getting the original amount back. If they have improved the balance sheet more , which covering debt to equity will do, then the SP would go up.And the voting rights would give more control over a potential sell of the company.
As far as benefit of the doubt, no, not really. I simply pointed out that sentence was not necessary for the press release. At this point, until ER, we don't know what will happen.
Then why mention dilution in the press release-That sentence wasn't necessary. Your theory seems flawed. tHe would benefit more from a higher share price.
Paper losses are for rookies IMO
Yes, we are all anxious for the ER should be August.
IMO, Y charts showed a nice example of bal sheet comparisons(5 yrs back) and peers in the industry gltu
should be a sticky ....
In same boat. Down more than that. So the question here is to
1. sitting duck wait it out
2. Find another stock to hedge. MJ prolly
3. Day trade this POS to try to recover losses
One thing to note here- I recall vacation 6/12 and thinking at that time the sticky board here is in desperate need of help. However, it really was b4 June 12- many posts...Bear opinions about ICLDD were already happening end of April thru May. Do not be fooled now, read some of the posts from May by Mun. Admin told me this was allowed per TOS.
So... this begs the question: who gave the middle finger to who???? Bad online PR despite a company reorg/ and debt reduction in place as part of balance sheet improvement plan/ reorg plus negative blog (s)
Think about it.
GLTU
Here is example,
mudcat61820 FRZT, he/she copied text & named the source. This could be used for ICLD sticky as well.
and thanks again..
Ok there's a Q & A board of admins to help you, FYI.
Also, I recall seeing someone post something where they copied the text and then gave credit to author of the article. In case you're having an HTML problem.
Thanks again and GLTU
You're a mod. You can post the article.
According to the handbook, section, 5 Mave can only remove and replace his OWN posts.
TY
121,8M per ETRD Pro at 4:30 EST+ 0.07% inst. ownership.
From etrade pro, tools, research, bal sheet, or you can get there from reg etrade comp snapshot
10-4 I read your msg
FYI it was deleted inside 9 minutes-not a valid reason I could possibly think of it since it was just a vanilla factual message.
Stick with your own DD here -stay strong.
GLTU
$ICLDD
I disagree
Liquidity. In all cases, unless you want to run yourself of business, (this is my full time job) you MUST have liquidity. Less shares= less to maneuver around and less liquidity to do the maneuvering.
IMO $ICLD !!! I think they will exceed expectations.
But......I protect myself with a chunk of liquidity +100k so day trading CAN remain my FULL TIME job.
GLTA
Source: YCharts.com
NOTE : Diluted EPS improved from -2.25 to -.60 between Sept 2016 and March 2017. (The balance sheet tab shows the decreased revenue in March-it's the decreased debt that you can see improved EPS so much.Just like someone else posted, they dumped non core baggage.
The balance sheet comparison going back several years is very good. Just switch computers when the sign up for free trial message blocks you. Use your kids computer. LOL
You probably only get one chance at each tab without signing up, but great information and analysis posted there. IMO ICLD is definitely worth holding for August filing. GL
Thanks!
The fundamentals speak for themselves especially if the GT lawsuit
out come is positive.
However, This stock has been infected in so many ways HERE mods etc, and blatant ignorance of their very clearly stated and re stated!!! reorganization plan.
I am concerned you are attracting the squirrels with multiple posts. This is not a P & D or a MJ "idea" it is real revenue. I am so happy when news comes across my brokerage about their contracts.
BTW. The PEN ratio here is -1 ICLD long!!
GLTA and cheers
Added. Distractions past 2 weeks. Hidden gem here IMO.
GLTA
Really? May want to check ur pre market commissions. I did over the weekend and it's nearly taken all my profit. UGH!
GL and cheers
The intent here was good. IMO the message is wrong. They have 40+ years experience in health care. Their division for medical MJ is relatively new.
What we want to do, again, IMO, is to avoid lumping this company in with pot scam companies that were around right when Colorado legalized This is so not the case with this company.This company is medical and diversifying into medical MJ to increase their business backed up by 40+ years of healthcare experience. That's the clarification.
Consider-
-Kathy Ireland's (ON OMHE's home page) alignment with Berkshire Hathaway (That's her massive fortune-she mentions his influence). I saw her interviewed at their conference. She did not strike me as dumb, or someone who would align with a scam.
-If you have been watching long enough, many, many of these "scam MJ companies" exploded in Feb/March 2014 and then did absolutely nothing.
-OMHE Was not in MJ back then. They were in healthcare.
-OMHE is building a profitable business with the new medical MJ with multiple plans, developments, brick and mortar, research facilities, Internet business...in FLORIDA where Med MJ has only been in effect for barely 6 months, backed up by many years of healthcare experience,
-Look at FLORIDA'S older population, (look it up, some areas you will see median age of 40) THINK: DON'T YOU THINK THESE PEOPLE KNOW WHAT HAS AND HASN'T WORKED OVER THE YEARS? Here is a company with many years experience in healthcare and they are embracing new treatments with MJ with an open and operating pharmacy.
Happy 4th and GLTA
Ohhhhh GREAT. LOLZZZZ
Cheers and GL
Yahoo shows ER date mid August, last ER was May
I need to find the PR. I thought the RS was approved, I confirmed that with IR, but now DELAYED It would make sense per you post that he would release PR BEFORE.
Yes, Thank you for posting facts on the sticky board. I thought I read the R/S was approved for end of August but delayed. Did you see that?
So that would mean ER would come before in mid August. In your DD, did you see this?
Thanks
We are waiting on news about the GRant Thorton lawsuit, Also, there is earnings scheduled , not a guarantee - for mid August, that is before the proposed and approved reverse split. I saw ER date on Yahoo.
That is not correct