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I truly believe if you wait this out that you will come out of this green.
This company has a fair value of .50-1.00 today.
Hang in there !
Only lose if you sell
$ICLD’s trading volume this month is a solid clue on what lays ahead.
Over 60 million dollars has traded since March 1st.
Our average volume per day in March so far is 123 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 15 trading days (Since March 1st) , total volume was a staggering (1.858 billion shares) 1,858,455,680
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
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 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 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 massive recent trading volume is a solid clue on what lays ahead.
Over 60 million dollars has traded since March 1st.
Our average volume per day in March so far is 123 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 15 trading days (Since March 1st) , total volume was a staggering (1.858 billion shares) 1,858,455,680
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
I believe I read in a previous PR that the company would consider moving to the OTCQX first (before NASDAQ)
Some HUGE companies trading in the OTCQX.
https://www.otcmarkets.com/marketplaces/otcqx
Key Highlights About the OTCQX Market
2017 marks the 10th anniversary of the launch of OTCQX
399 domestic and global companies ranging from global blue chips to U.S. high growth
$1.4 Trillion in market capitalization
$36.8 Billion in annual dollar volume, nearly 20% of the total annual dollar volume of all OTC securities
Recognized as a world-class U.S. public market by federal and state regulators, broker-dealers, investors, market data distributors and the international investment community
No its NOT a requirement
Open the link I posted before spreading lies
Net income is only one of three paths.
The other two do not require it.
https://listingcenter.nasdaq.com/assets/continuedguide.pdf
The financial and liquidity standards for continued listing are the same for companies trading on either the Nasdaq Global Select Market or the Nasdaq Global Market. Once listed, companies must meet all of the criteria under at least one of the three standards below.
Two of the three do not require net income
http://nasdaq.cchwallstreet.com/NASDAQTools/PlatformViewer.asp?selectednode=chp%5F1%5F1%5F4%5F3%5F6%5F5&manual=%2Fnasdaq%2Fmain%2Fnasdaq%2Dequityrules%2F
They need to get the share price up
They have the rest
Public information will do just fine.
No PR since Nov 8th
http://www.otcmarkets.com/stock/DLCR/news/Kibush-Capital-Completes-First-Week-of-Timber-Operations-at-Rigo--PNG?id=144250&b=y
Last tweet Dec 15th
https://mobile.twitter.com/kibushcapital?lang=en
Misinformation again...
Net income is one of three paths.
Maybe you needed that extra few seconds more of DD.
https://listingcenter.nasdaq.com/assets/continuedguide.pdf
The financial and liquidity standards for continued listing are the same for companies trading on either the Nasdaq Global Select Market or the Nasdaq Global Market. Once listed, companies must meet all of the criteria under at least one of the three standards below.
Two of the three do not require net income
http://nasdaq.cchwallstreet.com/NASDAQTools/PlatformViewer.asp?selectednode=chp%5F1%5F1%5F4%5F3%5F6%5F5&manual=%2Fnasdaq%2Fmain%2Fnasdaq%2Dequityrules%2F
We experienced rapid and significant expansion in the four years ended December 31, 2016 due to a series of strategic acquisitions. We acquired three companies in 2012, one company in 2013, three companies in 2014 and two companies in 2016. We also disposed of one company in 2015, three companies in 2016 and one company in 2017.
Employees
As of December 31, 2016, we had 409 full-time employees and 13 part-time employees, of whom 53 were in administration and corporate management, 8 were accounting personnel, 36 were sales personnel and 325 were technical and project managerial personnel.
Suppliers and Vendors
We have supply agreements with major technology vendors, such as Ericsson, Avaya, Aruba, Juniper, F5, Microsoft, Ciena, Citrix and Cisco Systems. However, for a majority of the professional services we perform, our customers supply the necessary materials. We expect to continue to further develop our relationships with our technology vendors and to broaden our scope of work with each of our partners. In many cases, our relationships with our partners have extended for over a decade, which we attribute to our commitment to excellence. It is our objective to selectively expand our partnerships moving forward in order to expand our service offerings.
$ICLD’s massive recent trading volume is a solid clue on what lays ahead.
Over 60 million dollars has traded since March 1st.
Our average volume per day in March so far is 123 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 15 trading days (Since March 1st) , total volume was a staggering (1.858 billion shares) 1,858,455,680
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.
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
Nice professional presentation on $ICLD
I am at the end of my rope with Warren.
Giving him till end of month to deliver a heartbeat.
$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.”
Misinformation due to lack of reading the filings !
OTCQX is also alot better than OTCQB
I agree.. lots more liquidity in OTCQX
OTCQX U.S requirements
https://www.otcmarkets.com/services/companies/otcqx-us/qualifications
The OTCQX® market offers the best informed and most efficient trading for U.S. and global companies. To qualify for the OTCQX market, companies must meet high financial standards, follow best practice corporate governance, demonstrate compliance with U.S. securities laws, and have a professional third-party sponsor introduction. OTCQX ensures that investors have the information necessary to intelligently analyze, value and trade their securities.
Keeping Good Companies in Good Company
The OTCQX market serves the unique needs of some of the most successful and high-growth companies that share a common focus to build a stable valuation and generate greater visibility in the investment community. Companies on OTCQX signal to investors that they are committed to maintaining high quality financial and operating standards.
Company Benefits on the OTCQX Market
Provides an efficient and cost-effective alternative to NYSE or NASDAQ for publicly traded companies
Allows institutional and retail investors to easily buy securities through the broker of their choice, facilitating increased liquidity
Ensures that company disclosure is readily and widely available
Identifies the most investor-focused companies to help investors make informed trading decisions
Trade Through OTC Link® ATS – The System of Choice
OTC Link® ATS is an SEC registered Alternative Trading System for broker-dealer subscribers to provide investors with an efficient and effective electronic trading experience. OTC Link® ATS directly links a diverse network of leading U.S. broker-dealers that provide liquidity and execution services for a wide spectrum of U.S. and global securities. Its real-time price transparency and connectivity offers broker-dealers control of trades and choice of counterparties so that they can efficiently provide best execution, attract order flow, and comply with FINRA and SEC regulations.
In addition, investors in all OTCQX companies may view the full market-depth of their stock free of charge on www.otcmarkets.com through the Real-Time Level 2 Quote Display Service.
OTC Link® ATS is operated by OTC Link LLC, a FINRA member broker-dealer and wholly owned subsidiary of OTC Markets Group Inc.
We good bro !
2016 Revenue of $78.0 Million Compared to $74.1 Million in 2015
http://www.otcmarkets.com/stock/ICLD/news/InterCloud-Systems-Reports-Full-Year-2016-Results?id=153316&b=y
$ICLD’s massive recent trading volume is a solid clue on what lays ahead.
Over 60 million dollars has traded since March 1st.
Our average volume per day in March so far is 123 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 15 trading days (Since March 1st) , total volume was a staggering (1.858 billion shares) 1,858,455,680
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.
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
So read the filings & you will see they have the requirements.
They were delisted for not meeting the 1.00 minimum price.
That's a myth ...
The return to listed status for a stock after having been delisted from an exchange for not being in compliance with the exchange's listing requirements. A company's stock may be delisted either by the exchange or voluntarily for a number of reasons including bankruptcy, failure to file mandatory reports, or a depressed share price that is below the exchange's minimum threshold. Once the company puts its house in order and meets the listing requirements, it can apply to relist its shares
$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.
Not when it's 4 to 1 on a pre Nasdaq company with 400+ employees and 80 million in annual revenue.
What's nice about the small RS is that shorts need to cover.
Time is ticking ...(squeeze)
Remember this company was Delisted from Nasdaq on 8-31-2016
http://www.otcmarkets.com/stock/ICLD/profile
So on 8-30-2016 this was a NASDAQ stock.
I fully expect this company to return to NASDAQ as soon as possible as shown from their debt payments and asset restructuring.
This company does not belong in penny scam land.
People treating it like a penny stock will miss out period.
Hard to change the penny mindset
But its clear with the over 60 million dollars of trading volume in the past 14 days, that the following here is far greater than penny players.
31 million shares in better hands
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.”