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CEO mentioned up listing to OTCQX which is also good.
Lots of large companies these days are using OTCQX
OTCQX attracts big investors
There requirements are alot stricter than OTCQB making it difficult for most scam pennies to uplist there.
We should have no issue to uplist there quickly and the added liquidity there will benefit us.
OTCQX min price is within range after RS.
There is a 1-800 number to reach Warren?
He does...
He once replied to an email I sent him and pointed out a post that pissed him off along with a reply to that post that I then posted here.
It proved to me he read the board.
So he knows the frustration his shareholders are going through and so far has done nothing to fix it.
We can only hope there is a valid positive reason for his silence.
Anyhow he has one more week for me to show he is a CEO that supports his shareholders.
That will make it 7 months for me waiting.
That would mean they are converting at .001 range which means they are only removing 24k of debt with 24 million shares of dilution and as usual these toxic lenders are raping the company and its shareholders.
Expect a few more 13g before they are done.
$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. "
Smart move !
I know
Total BS lol
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 March trading volume so far.
Over 70 million dollars has traded since March 1st. (18 trading days)
Our average volume per day in March is 109,782,664
Our average volume per day for the months of Jan & Feb 2017 combined was 11 million.
The daily average volume for March is on average 10 times higher.
All volume facts can be found at the link below.
http://www.nasdaq.com/symbol/icld/historical
In the last 18 trading days (Since March 1st) , total volume was a staggering (1.976 billion shares) 1,976,087,960
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.
Volume before price.
This volume has created a stronger & higher base which will help propel $ICLD to new highs.
Nice professional presentation on $ICLD
$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 $0.9 million, to be paid in six months. The proceeds from this sale were used to reduce secured outstanding debt.
Mark Munro, CEO of InterCloud stated, “The sale of this non-core business asset is a continued realignment of InterCloud’s business strategy and reduction of our outstanding liabilities. This sale has given InterCloud the opportunity to continue to improve our balance sheet and reduce the amount of convertible debt causing shareholder dilution. We are continuing to explore other non-core asset sales as well as a conventional asset based lending solution, to reduce the exposure to remaining convertible debentures.”
2017 only gonna get better
"$ICLD Mark Munro, CEO of InterCloud Systems stated: “We have seen higher volume in our stock as of late, as lenders exercise their rights to convert their debt into equity. The pressure on the stock from the conversions of debt into equity is not a reflection on the operations of the Company. As we have previously disclosed, the Company is working very aggressively to secure more conventional asset based financing to help reduce these conversions. We are also working on the sale of non-core assets to eliminate some of this convertible debt as well. We continue to have a positive outlook for 2017 and anticipate that a stronger balance sheet, reduced operating expenses and continued marketing of our more profitable products and services will produce improved shareholder value in the future.”
Not this one !
This one is fair at 4-1
8k March 10th,2017
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11922579
That's good
But need to get through this one first which just started apparently
As I figured
Typical toxic debt in pennies
Depending on where the debt is at
There may be further price erosion if there is not enough bulls willing to suck up the new shares.
As we saw from the first 13g
Good chance there are more to come based on the conversion terms.
Need to get into the lucrative penny debt business
If for example...
the conversion is 50% on the low the last 30 days, that would mean they are converting at .001 which means they are only removing 24k of debt with 24 million shares of dilution and as usual these toxic lenders are raping the company and its shareholders.
Just keeping it real.
Good info
What was the discount on this conversion of 24 mil to get an idea on how much was taken out
At least an educated guess
Let's keep it real.
Last 13g only allowed a maximum number of shares which was duly exercised and hitting the market.
"Reporting Person has rights under a convertible note to own an aggregate number of shares of the issuer common stock not to exceed 9.9% of shares outstanding. "
This round netted him 24 million shares of dilution currently in progress based on 244,948,828 shares of Common Stock.
Has anyone done real DD to see what's left on the debt after this tranche so we can see how many more tranches (dilution) can be expected ?
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 March trading volume so far.
Over 70 million dollars has traded since March 1st. (18 trading days)
Our average volume per day in March is 109,782,664
Our average volume per day for the months of Jan & Feb 2017 combined was 11 million.
The daily average volume for March is on average 10 times higher.
All volume facts can be found at the link below.
http://www.nasdaq.com/symbol/icld/historical
In the last 18 trading days (Since March 1st) , total volume was a staggering (1.976 billion shares) 1,976,087,960
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.
Volume before price.
This volume has created a stronger & higher base which will help propel $ICLD to new highs.
Nice professional presentation on $ICLD
Shareholders are Dumping @ .0007's
While we wait for Warren to give his shareholders a bone.
Shareholder base getting smaller every week and is not easily rebuilt.
10q next week is confirmed?
$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 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. "
$ICLD’s trading volume this month speaks out.
(Not including today & yesterday
Will update this weekend)
Over 70 million dollars has traded since March 1st. (16 trading days)
Our average volume per day in March is 120,062,803.
Our average volume per day for the months of Jan & Feb 2017 combined was 11 million.
The daily average volume for March is on average 11 times higher.
All volume facts can be found at the link below.
http://www.nasdaq.com/symbol/icld/historical
In the last 16 trading days (Since March 1st) , total volume was a staggering (1.92 billion shares) 1,921,004,850
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.
Nice professional presentation on $ICLD
Yeah whats with that .08 print
Corrupt MM's
Greeeeeeennnnn !
Sometimes it best to close your eyes while the weak exit.
30k shares left till .04
Time to get over .04
With over 70 million dollars of trading this month.
IHUB is just taking advantage of the price volatility and great liquidity by flipping & shorting etc (aka Clay sheep)
This ticker is bigger than ihub
Anyone see Clay today lol
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 trading volume this month speaks out.
(Not including today)
Over 70 million dollars has traded since March 1st. (16 trading days)
Our average volume per day in March is 120,062,803.
Our average volume per day for the months of Jan & Feb 2017 combined was 11 million.
The daily average volume for March is on average 11 times higher.
All volume facts can be found at the link below.
http://www.nasdaq.com/symbol/icld/historical
In the last 16 trading days (Since March 1st) , total volume was a staggering (1.92 billion shares) 1,921,004,850
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.
Nice professional presentation on $ICLD
$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.”
Some peeps just love to sell at the low of consolidation range !
Shorts & flippers just loving how easy and liquid this stock is.
As long as dumb retail is willing to sell, flippers and shorts will take full advantage
Over time the float will come off of these types and into strong hands
VERT & VNDM parked at .06
ARCA at .051
What exactly was .098 to .0302 !
It did cool off
Time to move over a dime with some mini consolidation on the way up
$ICLD’s trading volume this month speaks out.
Over 70 million dollars has traded since March 1st. (16 trading days)
Our average volume per day in March is 120,062,803.
Our average volume per day for the months of Jan & Feb 2017 combined was 11 million.
The daily average volume for March is on average 11 times higher.
All volume facts can be found at the link below.
http://www.nasdaq.com/symbol/icld/historical
In the last 16 trading days (Since March 1st) , total volume was a staggering (1.92 billion shares) 1,921,004,850
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.
Nice professional presentation on $ICLD
Low .041
.04 is new support
Should breakout after some consolidation
Solid churning of .04's before .05 break
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 trading volume this month speaks out.
Over 70 million dollars has traded since March 1st. (16 trading days)
Our average volume per day in March is 120,062,803.
Our average volume per day for the months of Jan & Feb 2017 combined was 11 million.
The daily average volume for March is on average 11 times higher.
All volume facts can be found at the link below.
http://www.nasdaq.com/symbol/icld/historical
In the last 16 trading days (Since March 1st) , total volume was a staggering (1.92 billion shares) 1,921,004,850
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.
Nice professional presentation on $ICLD