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Thanks again
So they're liars in your opinion but we're all so inclined to believe every word that comes from you. Lol
Have a great day O Truthful One:))
IMO
Thanks
For doing the math for everyone and expressing your opinion on things. I am sure everyone truly appreciates your kindness
Imo
Surprisingly the outstanding share count did not go up at all yesterday.
As of 8/18/17 8:18am, INTERCLOUD SYSTEMS INC. shows an OS of 323,573,606.
Melissa Tampubolon
Corporate Stock Transfer, Inc.
3200 Cherry Creek Dr. South, Suite 430
Denver, CO. 80209
Phone: (303) 282-4800 | Fax: (303) 282-5800"
IMO
Further communication with company
I continued communication with the company via email, and I'm giving you the response simply as a courtesy and as a long share holder who believes in the company's restructuring effort over the last 12 months.
I welcome all of you who are serious about your investment to feel free and call the company's investor Relations Department and speak to them about your questions comments concerns.
I was seeking further clarification on toxic debt issues and revenue expectations and guidance for the next two quarters expectations on becoming cash flow positive and profitable. I was also inquiring about their effort to gain conventional loans.
The reason I ask all these questions directly to the company is to manage my expectations and the reason I share them with all of you is so that you can manage your expectations.
Here was the response from this morning.
"Historically our second half of the year is stronger than the first for revenues as customers deploy money allocated earlier in the year for their infrastructure.
We are striving for profitability through all of our expense reductions and the elimination of debt.
The toxic debt has been painful to deal with. But I believe we are well on our way to fixing that. And we have been attempting to secure conventional asset based financing for working capital needs.
Lawrence Sands"
I sent a follow-up question about the toxic debt
"On the toxic debt is it fair to ask since you mentioned you are well on the way to fixing that problem if you mean just renegotiating terms or actually raising capital from another source or in another way to actually eliminate this toxic debt by 2018."
Here was the response
"As for toxic debt the answer is both. "
Hope this helps all of you.
IMO
I really don't think they will have any real problem getting to 10 million dollars or more in revenues this quarter. I know there was a payment they were collecting in July or August as a part of another deal and I believe there may not be these one time Charges. I really think the 3rd quarter report will be more indicative of the benefits of the restructuring.
IMO
Volume goes from 8 million at 4 pm to 17.3 million
T Trade:)
Half or more traded OS increase...
We'll confirm tommorow
IMO
Someone hitting the .0153 Ask
Nice
IMO
Almost 2.5 Million share Bid at .0150
IMO
T R Bishop you're extremely welcome
I really have no way of knowing whether I will be right and how well investment may or may not work out for me and others. I understand I took a risk and I always maintained that we need to take responsibility and be accountable to ourselves for the choices we make in Investments and in life in general.
We live we learn and we keep moving forward one step at a time. In the end it's dust to Dust & Ashes to Ashes and no one is going to take anything with them.
Deep down in my gut I believe there is a fairly great chance that the investment will work itself out over time.
Good luck to you sir and God bless you richly
IMO
You're welcome my friend and I do my very best because even though I only have six hundred thousand shares for which I'm grateful although I have a paper loss like many here, I know there are so many people that millions of shares and so many more people with a lot less but it means a lot more to them and I really want everyone to benefit and prosper.
Believe me looking at the kind of people I sometimes have to contend with on these boards it would be a lot easier for me to sit on the sidelines quietly and just forget the whole thing.
I sincerely wish everyone the best in life.
IMO
Exactly correct and that is a beautiful example and becoming cash-flow positive and having a recurring Revenue based platform with new technology that was just introduced and a lean mean balance sheet all players into decorating the real estate before it's sold as another example.
Icld is the bride looking for a match groom or suitor or husband. Of course it's early days and the restructuring is now just being finished completed and as I have been saying consistently the net net effect on the bottom line will become known in the next two to four quarters without the one-time cash items etc.
I am sure that at some point the company will be swallowed up by a WHALE :))
The more profitable they can become the prettier she looks for The Suitor.
IMO
Nope
IMO
Company response is honest
"
The company is well on its way towards completion of a restructuring and doing all the things that have been discussed in previous press releases. This process is long and painful. But in the end I believe that InterCloud will be able to grow with sustained revenue and earnings. And a balance sheet that is not leveraged.
While the stock has been crushed; it has not affected the underlying business.
:
Lawrence Sands"
"
Just remember the Preferred issued to CEO is not convertible unless the company is sold. So that is a long term commitment to restructuring
Lawrence Sands"
The IR
Has obviously no issue with using the language " unless the company is sold".
If the company becomes cash flow positive which I believe is going to happen, the CEO will profit handsomely if the company gets bought out but so will the shareholders.
If the risk is acceptable, value investors would be buying millions of shares at these prices.
IMO
Yes it was an honest response and I prefer that to made up BS answers.
The pps will eventually catch up with the true underlying fundamental improvements that have Actually and Already happened.
I do not put any credence into munimi's opinions. I believe the company's response.
IMO
Its not too far fetched
To think that one day icld will get BOUGHT OUT
Restructure and clean up balance sheet, become cash flow positive, improve market valuations , and entertain buyers
IMO
My comunication with the company today
I have been as a long trying to communicate with the company and get some answers and some clarity. I will give you a copy of my emails and responses. Please be advised that while I did not recieve specific answers to my questions, I did recieve a general response.
My first email this morning
" Good morning Larry/Judy
Hope you guys are all doing well this morning.
1) On revenues do we still expect to do 40 to 45 million dollars for 2017? Since we did 14 million dollars in the first quarter we needed 9 million dollars on average per quarter for the second third and fourth quarter. Based on the order flow and expected payments from other projects do you feel we can do 40 to 45 million in 2017 with a current assets that remain on the books?
2) Do you have any guidance or visibility in terms of when the company might become cash flow positive?
3) It seems the entire destruction in the last 12 to 18 months has been due to toxic debt. Do you feel the company has a realistic plan in place to slowly get rid of and eventually eliminate this toxic debt?
4) How close do you think the company is to actually successfully negotiate a conventional loan?
5) Does the company have a plan in place to get back on the NASDAQ before the end of 2018?
I would greatly appreciate honest answers to these questions and if you're not able to answer a question I can understand but it would help me greatly to get some straightforward answers to these questions.
Thanks Larry and Judy"
No response so my second email was
"
Guys,
I really could use some answers to the questions I sent this morning.
The selling continues incessantly. The price per share has come from $0.11 post-split do under one and a half. How can the company watch itself go to the ground?
I really need some answers and I'm not sure how I can keep defending this company before getting some of these answers and if you guys really have a plan before the company goes completely under."
Company IR response
"
The company is well on its way towards completion of a restructuring and doing all the things that have been discussed in previous press releases. This process is long and painful. But in the end I believe that InterCloud will be able to grow with sustained revenue and earnings. And a balance sheet that is not leveraged.
While the stock has been crushed; it has not affected the underlying business.
Lawrence Sands"
My email response
"Thanks Larry
Yes its extremely painful. Its good to know that the underlying business is fundamentally in a better state that june 2016. But the price is what affects the pockets of shareholders. So one can only hope that fundamentals will continue do improve and especially the toxic debt can be controlled because its killing the pps. "
I also conveyed the naysayers position about munro converting shares and abandoning shareholders.
Company response
"
Just remember the Preferred issued to CEO is not convertible unless the company is sold. So that is a long term commitment to restructuring
Lawrence Sands"
Hope this helps
IMO
OS Count
The OS went up to 323 mm from 319 mm Approx yesterday. So half the volume yeterday was converted shares selling.
As of 8/17/17 8:30am, INTERCLOUD SYSTEMS INC. shows an OS of 323,573,606.
Melissa Tampubolon
Corporate Stock Transfer, Inc.
3200 Cherry Creek Dr. South, Suite 430
Denver, CO. 80209
IMO
Yes I love that Einstien saying
By the way, any shareholder can call IR and they have an intention and plan on getting back on the Nasdaq within a year. My guess is 2018 end or before.
I "Imagine" the company is going to have 2 remaining "Swell" quarters.
I believe this price per share could be imaginably imo considerably higher by last quarter 2017 ( Oct-Dec )
IMO
Easy to check
Posters intent by checking thier post history lol
IMO
Thanks for your opinion and forecast but I don't price prognosticate and I do not think I'm in a position to guess how long this will continue or is ready to stop.
On your other point that's exactly what I said in my post is because of the lower price the number outstanding shares added increased
IMO
The Panic retail sellers yesterday were about 25 mm shares....the rest was noteholder converted shares selling
Hope you raised your bid and got more shares although you have enough lol
IMO
Outstanding shares
A quick thought thats easily ignored many times
The outstanding share count has gone from 122 million to 319 million and that is roughly 197 million shares added.
Very roughly if the 197 million shares were converted at an average price of $0.04 a share that means just under five million dollars of debt converted and taken care of.
The point that is overlooked is that this number seems exaggerated because most people forget if the shares were converted at an average price of for example $0.08 per share instead of four cents per share then the increase in outstanding shares would have been 60 - 65 million.
It is what it is.
The outstanding shares increased by about 10 million the day before yesterday which was the day of the earnings release. 21 million shares were traded this day. The earnings were released at exactly 4 as the market closed. Yesterday the outstanding shares went up by about 5 million and 30 million shares were traded.
Some will argue that the selling pressure is less because there are no supporting bids but I think it's actually coming to it slow down or an end.
IMO
Yes I agree with you and as you can see I am one of the biggest proponents of this company and stock on this board.
It's going to be a lot higher than four or five cents depending on the timing.
IMO
Are you saying you have invested over $114000 in ICLD?
Good for you brother. RESPECT
IMO
You are exactly correct
There is a tremendous amount of Misinformation especially by posters who do not have a current position in the company.
I believe each consecutive quarter will show improvements in the bottom line till they become cash flow positive because of the restructuring effort.
IMO
Thanks for the Post and it sums up things quite nicely.
Historically this is probably the absolute best time to buy the shares in this company in my opinion.
Buy yhe fear. Sell the greed.
IMO
Thank you Emma and I do not know the management personally and so therefore I cannot attest to their character and moral issues personally.
All I know is I am questioning them on everything I possibly can in an effort to stay diligent and it's just my personal choice not to sell my shares at current price levels.
I hope for the best just like you.
IMO
As of 8/16/17 8:37am, ICLD shows an OS of 319,225,780.
The outstanding share count went from over 314 million the day before yesterday to 319.225 million. So most of the 30 million shares yesterday was retail selling. Flushed. Great.
Melissa Tampubolon
Corporate Stock Transfer, Inc.
3200 Cherry Creek Dr. South, Suite 430
Denver, CO. 80209
Imo
Good morning Emma
Please try to understand and respect that I am a long shareholder just as yourself.
I put a lot of energy into keeping up with my due diligence and I strongly stand by my long position. I have a paper loss just as yourself and it would be very easy for me not to give out any energy to this board at all.
In terms of the information you were talking about I have posted the response from the IR department on this board. I had questioned them about the possibility of another reverse split and informed them about the rumors being spread by the moderators on this board and others.
Thanks for the respect with which you look at my postsin the coming future.
IMO
The key to profitabilty
Good morning everyone
Take a deep breath and pay attention to the numbers.
One of the key things that needed to happen at intercloud to become cash flow positive and profitable is that they needed to drastically deleverage the balance sheet. Now they have done exactly that in the restructuring effort/ realignment.
Please understand that the company will not be valued at under $5000000 as it is currently showing if the company is cash flow positive and if the company is profitable and shows a positive number fir the Eps. Whenever the market believes the company is on track to becoming profitable it will have an upward price correction for the shares.
At the time of this writing outstanding shares should be at around 319.225 million and at the current price of .0150 the market valuation is under five million dollars.
The company's going to renegotiate the terms for the October maturities and there's going to be no need for another reverse split at the current time. Furthermore, the company is committed to eliminating all toxic debt off the balance sheet.
Because of the restructure the company is a lot closer to Conventional Lending to raise money for working capital.
Look carefully at the numbers in the letter to the shareholders by the CEO recently.
" For the period ended June 30, 2016, we reported $25.7 million in senior secured debt and $40.6 million in unsecured debt. Currently, we have $4.7 million in senior secured debt and $27.3 million in unsecured debt resulting from cumulative debt reduction of $34.3 million over this period.
During the period July 1, 2016 to December 31, 2016, we significantly reduced operating expenses. This reduction in liabilities and operating costs continued into 2017. During the first quarter of this year, we reported continued debt reductions as well as continued reductions in our operating expenses. We reported an additional $8 million quarterly debt reduction and a 20% reduction in our operating expenses"
I was trying to get more information on the debt reduction and this is what the company IR communicated this morning.
" the senior debt is at approximately four million dollars. Subordinate debt has been reduced as well. The letter to Shareholders earlier in the month gave an accurate picture and the debt since then has been reduced by about $1m more. "
I believe the company will make further improvements on several fronts not the least of which are increasing and improving revenues, further reduction of toxic debt, gaining conventional loans, and profitability in 2018 at latest, and last but not least they will be back in the NASDAQ before the end of 2018.
IMO
That smells like
an OPPORTUNITY TO BUY
IMO
Call the company and get your facts straight.
IMO
Disagree completely.
IMO
Wrong
Email the transfer agent.
IMO
Icld on track to becoming profitable
Expecting to do $40 million plus in revenues 2017 .
Restructuring over last 12 months will bear much fruit.
Expecting REVENUES to Rev up next 2 quarters. This company has so much unrealized value its fantastic.
I am a buyer of ICLD. Buy fear. Sell greed.
IMO
Thanks Shotsky.
Good luck with all your investments.
IMO
Brother you are so welcome and it's going to be an exciting next 6 to 12 months because I expect the revenues to rev up
IMO
The earnings report is as expected
We are on track to profitability
The second quarter earnings results are showing that we are on track to becoming potentially profitable and my guess is it will probably happen in 2018.
I have been saying that the revenues number is what I am most interested in and no one can really predict that for the future. By the way just say that the revenue number for the second quarter was disappointing as a comparison to second quarter last year is obviously nonsensical because it was clearly because of the sale of subsidiaries that caused the reduction in this second quarter revenues.
You can look at all the individual numbers on revenues operating expenses salary and wage expenses sg&a expenses and debt and so on but the bottom line is the bottom line and not to mention that there are one time items such as derivative expenses and impairment of assets which affect the net loss or income.
So the bottom line on the net income or loss per share is as follows when you look at quarter-by-quarter 2016 versus 2017 and the first 6 months 2016 vs 2017.
Again in a massive restructuring like the one that has happened over the last 12 months does not produce or go from a hugely over-leveraged balance sheet showing huge losses to then suddenly having huge gains in the process of the restructuring effort which is where we are at this time.
The net loss per share went from $0.43 a share to $0.10 a share when you compare the first quarter of 2016 to the first quarter of 2017. This is a net loss per share and do you think we moved in the right direction looking at just the first quarter? Yes we did. That is a considerable reduction in the net loss per share.
The net loss per share went from $0.58 a share to $0.28 a share when you look at the first two quarters of 2016 versus 2017 and now you can see the continuing impact of the restructuring effort and reduction of debt and deleveraging the balance sheet in the form of net losses becoming almost 1/2. Again let me ask you if net loss per share goes from $0.58 per share to $0.28 per share are we moving in the right direction two becoming cash flow positive if revenues support us which of course are unpredictable but we can safely assume that we may annualized at around 40 million dollars in revenues this year and that is simply my assumption.
Here is the company's response to my concerns.
The response
"
If you sell multiple subsidiaries in the last 12 months your revenue reflects that. Between June of last year and today we have sold off more than $20 million in annual revenues. Our net loss is primarily due to onetime non-cash items, such as derivate expenses and impairment of assets.
As far as the convertible notes go, that will be resolved way in advance of the maturity. "
IMO
You are very welcome my friend
IMO