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Treating this like a penny chart play is a mistake IMO !
This one will move on fundamentals.
And can explode at any time with the right news.
Would not want to be short or on the sidelines at EOD.
Shorts are forever grateful !
They got to you !
80 million in revenue
400+ employees
Nope not your typical 1 man show penny
Only people selling are those who have NOT done any DD and are treating this like a typical penny which it is now.
This was trading on NASDAQ in 2016 and it will return there in 2017
Free L2 on any OTCQB
http://www.otcmarkets.com/stock/ICLD/quote
VNDM .0421
VERT .0499
ARCA .08
Won't fill
.0302 was close enough
Get over it lol
$ICLD is very serious about lowering and eventually eliminating all its debt and is doing a great job.
Selling a non core asset for 4.9 million dollars (that it only payed under 1 million for) and applying it to paying down debt says alot.
See below for details...
http://www.otcmarkets.com/stock/ICLD/news/InterCloud-Reduces-Convertible-Debt-with-the-sale-of-High-Wire-Business-Division?id=152275&b=y
OTC Disclosure & News Service
NEW YORK, March 01, 2017 (GLOBE NEWSWIRE) -- InterCloud Systems, Inc. (the "Company" or "InterCloud") (NASDAQ:ICLD), a leading provider of cloud networking orchestration and automation solutions and services, today announced the sale of the High Wire Networks division of ADEX Corporation. ADEX’s High Wire division contracted with telecommunications infrastructure manufacturers to install the manufacturer’s products. The asset was originally acquired by ADEX in 2014 for less than $1.0 million and accounted for approximately $11.0 million in annual revenue in 2016. Under the terms of this asset sale, InterCloud received $4.0 million in cash and is expected to receive an additional working capital adjustment of approximately $0.9 million, to be paid in six months. The proceeds from this sale were used to reduce secured outstanding debt.
Mark Munro, CEO of InterCloud stated, “The sale of this non-core business asset is a continued realignment of InterCloud’s business strategy and reduction of our outstanding liabilities. This sale has given InterCloud the opportunity to continue to improve our balance sheet and reduce the amount of convertible debt causing shareholder dilution. We are continuing to explore other non-core asset sales as well as a conventional asset based lending solution, to reduce the exposure to remaining convertible debentures.”
$ICLD’s massive recent trading volume is a solid clue on what lays ahead.
Huge investor interest.
Over 60 million dollars has traded since March 1st.
Our average volume per day in March so far is 130 million per day.
Our average volume per day for the months of Jan & Feb 2017 combined was around 11 million.
The daily average volume for March is on average 13 times higher.
All volume facts can be found at the link below.
http://www.nasdaq.com/symbol/icld/historical
In the last 14 trading days (Since March 1st) , total volume was a staggering (1.82 billion shares) 1,827,144,047
For the whole month of Feb it was 259,819,494
For the whole month of Jan it was 187,674,972
With the OS near/at the max of 500 million, the float has effectively turned just under 4 times since March 1st.
You cannot hold a stock down with this amount of dollar volume.
All this volume has created a stronger & higher base which will help us propel to new highs on the next leg.
$ICLD's Operating Units
"Through a series of acquisitions, we have expanded our service offerings and geographic reach over the past four years. Our company is comprised of the following operating units:
Integration Partners-NY Corporation. Integration Partners-NY Corporation (“IPC”), is a full-service voice and data network engineering firm based in New York that serves both corporate enterprises and telecommunications service providers. IPC supports the cloud and managed services aspect of our business and expands our systems integration and applications capabilities.
ADEX Corporation. ADEX Corporation (“ADEX”) is an Atlanta-based provider of engineering and installation services and staffing solutions and other services to the telecommunications industry. ADEX’s managed solutions diversifies our ability to service our customers domestically and internationally throughout the project lifecycle.
AW Solutions, Inc . AW Solutions, Inc. and AW Solutions Puerto Rico, LLC (collectively, “AW Solutions”), are professional, multi-service line, telecommunications infrastructure companies that provide outsourced services to the wireless and wireline industry. AW Solution’s services include network systems design, architectural and engineering services, program management and other technical services. Through Logical Link, an Outside Plant (OSP) engineering company, AW Solutions provides in-field design and drafting of wireline, fiber and DAS deployments. Logical Link also performs construction and installation through subcontractors.
T N S, Inc. T N S, Inc. (“T N S”) is a Chicago-based structured cabling company and DAS installer that supports voice, data, video, security and multimedia systems within commercial office buildings, multi-building campus environments, high-rise buildings, data centers and other structures. T N S extends our geographic reach to the Midwest area and our client reach to end-users, such as multinational corporations, universities, school districts and other large organizations that have significant ongoing next generation network needs.
Rives-Monteiro Engineering LLC and Rives-Monteiro Leasing, LLC. Rives-Monteiro Engineering, LLC (“RM Engineering”) is a cable firm based in Tuscaloosa, Alabama that performs engineering services in the Southeastern United States and internationally, and Rives-Monteiro Leasing, LLC (“RM Leasing”, and together with RM Engineering, “Rives-Monteiro”), is an equipment provider for cable-engineering services firms. RM Engineering provides services to customers located in the United States and Latin America.
Tropical Communications, Inc. Tropical Communications, Inc. (“Tropical”) is a Miami-based provider of structured cabling and DAS systems for commercial and governmental entities in the Southeast. "
For those who do not realize the risks of being short on a solid penny (pre-NASDAQ) like $ICLD.
Here is a good video.
https://claytrader.com/videos/short-penny-stocks
Here is an example of a short gone bad.
http://www.businessinsider.com/joe-campbell-gofundme-page-for-e-trade-2015-11
3x revenue is fair and over 200 million
Imagine these guys get acquired for a fair market value of 250 million and it is announced after-hours.
We would open at .50+
And there would be alot of shorts going into bankruptcy lol
VERT trying to cover at .0352 lol
Coiled and ready to bust loose
Weak retail out
Stacking ask by ETRF to manipulate is recorded.
SEC cracks down on such manipulation
Not able to squeeze more dumb retail shares down here
Sorry shortie
Need to cover on the way up
Not true
Free L2
http://www.otcmarkets.com/stock/ICLD/quote
VNDM has not moved from .042 all morning
Pullback of 10% is not big !
VNDM, ARCA and VERT (.042-.045) range
Retail Sellers dried up
Shorts in trouble
Its 9 trading days including today
VERT is the buyer of ARCA short
They are working together
VERT chasing to cover
So funny to watch
For those who do not realize the risks of being short on a solid penny (pre-NASDAQ) like $ICLD.
Here is a good video.
https://claytrader.com/videos/short-penny-stocks
Here is an example of a short gone bad.
http://www.businessinsider.com/joe-campbell-gofundme-page-for-e-trade-2015-11
VERT top bid trying to cover
MM's love taking shares off the weak
This is the last shake under .04 imo
Morning small shake done
Time to head towards .05
.04's
Last of the 3's
$ICLD's Operating Units
"Through a series of acquisitions, we have expanded our service offerings and geographic reach over the past four years. Our company is comprised of the following operating units:
Integration Partners-NY Corporation. Integration Partners-NY Corporation (“IPC”), is a full-service voice and data network engineering firm based in New York that serves both corporate enterprises and telecommunications service providers. IPC supports the cloud and managed services aspect of our business and expands our systems integration and applications capabilities.
ADEX Corporation. ADEX Corporation (“ADEX”) is an Atlanta-based provider of engineering and installation services and staffing solutions and other services to the telecommunications industry. ADEX’s managed solutions diversifies our ability to service our customers domestically and internationally throughout the project lifecycle.
AW Solutions, Inc . AW Solutions, Inc. and AW Solutions Puerto Rico, LLC (collectively, “AW Solutions”), are professional, multi-service line, telecommunications infrastructure companies that provide outsourced services to the wireless and wireline industry. AW Solution’s services include network systems design, architectural and engineering services, program management and other technical services. Through Logical Link, an Outside Plant (OSP) engineering company, AW Solutions provides in-field design and drafting of wireline, fiber and DAS deployments. Logical Link also performs construction and installation through subcontractors.
T N S, Inc. T N S, Inc. (“T N S”) is a Chicago-based structured cabling company and DAS installer that supports voice, data, video, security and multimedia systems within commercial office buildings, multi-building campus environments, high-rise buildings, data centers and other structures. T N S extends our geographic reach to the Midwest area and our client reach to end-users, such as multinational corporations, universities, school districts and other large organizations that have significant ongoing next generation network needs.
Rives-Monteiro Engineering LLC and Rives-Monteiro Leasing, LLC. Rives-Monteiro Engineering, LLC (“RM Engineering”) is a cable firm based in Tuscaloosa, Alabama that performs engineering services in the Southeastern United States and internationally, and Rives-Monteiro Leasing, LLC (“RM Leasing”, and together with RM Engineering, “Rives-Monteiro”), is an equipment provider for cable-engineering services firms. RM Engineering provides services to customers located in the United States and Latin America.
Tropical Communications, Inc. Tropical Communications, Inc. (“Tropical”) is a Miami-based provider of structured cabling and DAS systems for commercial and governmental entities in the Southeast. "
"Mark Munro, Chairman and CEO of InterCloud, stated, “In 2016, the Company began a systematic restructuring. The changes included the sale of certain assets to generate cash and reduce senior debt. Our senior debt now totals only $5.7 Million; which is down from $25.7 Million in June of 2016. The senior debt reduction along with the subordinated debt reductions since June 2016 now total over $27.4 Million. This is a significant and important reversal. Our team remains focused on eliminating or restructuring the remaining subordinated debt in order to reduce interest expense and increase the shareholder equity of the Company."
Long term debt reduced by $27.4 million since June 2016
2016 Revenue of $78.0 Million
Compared to $74.1 Million in 2015
2016 Operating Expenses reduced by $7.8 million
Shorts need to cover asap
$ICLD is very serious about lowering and eventually eliminating all its debt and is doing a great job.
Selling a non core asset for 4.9 million dollars (that it only payed under 1 million for) and applying it to paying down debt says alot.
See below for details...
http://www.otcmarkets.com/stock/ICLD/news/InterCloud-Reduces-Convertible-Debt-with-the-sale-of-High-Wire-Business-Division?id=152275&b=y
OTC Disclosure & News Service
NEW YORK, March 01, 2017 (GLOBE NEWSWIRE) -- InterCloud Systems, Inc. (the "Company" or "InterCloud") (NASDAQ:ICLD), a leading provider of cloud networking orchestration and automation solutions and services, today announced the sale of the High Wire Networks division of ADEX Corporation. ADEX’s High Wire division contracted with telecommunications infrastructure manufacturers to install the manufacturer’s products. The asset was originally acquired by ADEX in 2014 for less than $1.0 million and accounted for approximately $11.0 million in annual revenue in 2016. Under the terms of this asset sale, InterCloud received $4.0 million in cash and is expected to receive an additional working capital adjustment of approximately $0.9 million, to be paid in six months. The proceeds from this sale were used to reduce secured outstanding debt.
Mark Munro, CEO of InterCloud stated, “The sale of this non-core business asset is a continued realignment of InterCloud’s business strategy and reduction of our outstanding liabilities. This sale has given InterCloud the opportunity to continue to improve our balance sheet and reduce the amount of convertible debt causing shareholder dilution. We are continuing to explore other non-core asset sales as well as a conventional asset based lending solution, to reduce the exposure to remaining convertible debentures.”
For those who do not realize the risks of being short on a solid penny (pre-NASDAQ) like $ICLD.
Here is a good video.
https://claytrader.com/videos/short-penny-stocks
Here is an example of a short gone bad.
http://www.businessinsider.com/joe-campbell-gofundme-page-for-e-trade-2015-11
$ICLD’s massive recent trading volume is a solid clue on what lays ahead.
Huge investor interest.
Over 60 million dollars has traded since March 1st.
Our average volume per day in March so far is 130 million per day.
Our average volume per day for the months of Jan & Feb 2017 combined was around 11 million.
The daily average volume for March is on average 13 times higher.
All volume facts can be found at the link below.
http://www.nasdaq.com/symbol/icld/historical
In the last 14 trading days (Since March 1st) , total volume was a staggering (1.82 billion shares) 1,827,144,047
For the whole month of Feb it was 259,819,494
For the whole month of Jan it was 187,674,972
With the OS near/at the max of 500 million, the float has effectively turned just under 4 times since March 1st.
You cannot hold a stock down with this amount of dollar volume.
All this volume has created a stronger & higher base which will help us propel to new highs on the next leg.
$ICLD's Operating Units
"Through a series of acquisitions, we have expanded our service offerings and geographic reach over the past four years. Our company is comprised of the following operating units:
Integration Partners-NY Corporation. Integration Partners-NY Corporation (“IPC”), is a full-service voice and data network engineering firm based in New York that serves both corporate enterprises and telecommunications service providers. IPC supports the cloud and managed services aspect of our business and expands our systems integration and applications capabilities.
ADEX Corporation. ADEX Corporation (“ADEX”) is an Atlanta-based provider of engineering and installation services and staffing solutions and other services to the telecommunications industry. ADEX’s managed solutions diversifies our ability to service our customers domestically and internationally throughout the project lifecycle.
AW Solutions, Inc . AW Solutions, Inc. and AW Solutions Puerto Rico, LLC (collectively, “AW Solutions”), are professional, multi-service line, telecommunications infrastructure companies that provide outsourced services to the wireless and wireline industry. AW Solution’s services include network systems design, architectural and engineering services, program management and other technical services. Through Logical Link, an Outside Plant (OSP) engineering company, AW Solutions provides in-field design and drafting of wireline, fiber and DAS deployments. Logical Link also performs construction and installation through subcontractors.
T N S, Inc. T N S, Inc. (“T N S”) is a Chicago-based structured cabling company and DAS installer that supports voice, data, video, security and multimedia systems within commercial office buildings, multi-building campus environments, high-rise buildings, data centers and other structures. T N S extends our geographic reach to the Midwest area and our client reach to end-users, such as multinational corporations, universities, school districts and other large organizations that have significant ongoing next generation network needs.
Rives-Monteiro Engineering LLC and Rives-Monteiro Leasing, LLC. Rives-Monteiro Engineering, LLC (“RM Engineering”) is a cable firm based in Tuscaloosa, Alabama that performs engineering services in the Southeastern United States and internationally, and Rives-Monteiro Leasing, LLC (“RM Leasing”, and together with RM Engineering, “Rives-Monteiro”), is an equipment provider for cable-engineering services firms. RM Engineering provides services to customers located in the United States and Latin America.
Tropical Communications, Inc. Tropical Communications, Inc. (“Tropical”) is a Miami-based provider of structured cabling and DAS systems for commercial and governmental entities in the Southeast."
Dead cat bounce on 2.5 million dollars of volume ?
LMFAO
This is a real company with over 400 employees and 80 million in annual revenue.
Not a front loaded pump and dump scam like most of thow picks !
10Q is not audited
So its NOT as long to do as 10k
So whats the holdup ?
2.0 = buy rating !
Or Asset sale to eliminate the remaining 5.7 mil debt
Or an acquisition announcement
Or a buyout announcement
I am not picky !