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Read the PR
IMO
Everything is based on expectations and so we have to be careful and be realistic while we are cautiously optimistic and especially in terms of the new cutting-edge technology products they introduced the revenues probably cannot be expected to come in that Quickly but absolutely we have some unrealized potential that is not at all in this price.
IMO
Open shareholders letter
These 2 points are important to follow in upcoming ER.
"When we report our second quarter 2017 results, we expect to show continued debt reductions and cost savings. We have sold several non-core assets during the second quarter and used those sales to reduce our debt as well. "
"We are reducing our existing convertible debt and attempting to secure conventional asset based financing for our working capital needs. We are making every attempt to eliminate the convertible debentures that have hurt our share price and market capitalization."
IMO
On the earnings report even though I don't expect anything miraculous or magical I am expecting a further reduction of even more debt and I am expecting decent revenues given the first quarter was 14 million dollars in gross revenues.
What I'm hoping to see is some progress on the reduction of toxic debt and hopefully some communication in regards to their plans of reducing toxic debt and eventually eliminating it. After all these convertible note holders or almost the entire reason for the recent price decline so they must get this debt off the books and I know that this is a priority for them.
I really do expect them to become cash flow positive sometime in 2018 but the price will be a lot higher way before then once the market sees concrete evidence on the improving health of the balance sheet and the seed of the companies seriously deleveraged and especially when they make progress on reducing toxic debt and getting rid of the convertible debentures.
I remain cautiously optimistic.
IMO
Well there you go
So this is the short-term in and out fear-based mentality where one day he is acting as the Financial Consultant of penny stocks and telling people they should buy now and sell 50% at around three and a half cents and the next day he sells his shares and declares that he's selling his million shares based on an article that was over 3 years old.
Unbelievable or is it? Lol shaking my head
IMO
We have over 900000 bidding at .0187
IMO
What caused shortness of breath
You have to take a few steps back and think. What was the condition of the company in 2nd quarter ending 2016? What caused the shortness of breath? What was strangling them? It was an over leveraged balance sheet. It was massive debt. It was toxic debt.
Fast forward to now.
Why was RS needed? To satisfy debt obligations. What caused price to drop? Not the RS. It was noteholders selling. No other funfamental change.
Infact fundamentally take a good look at the debt numbers in upcoming report. If we can assume annualized revs at $40 MM for 2017, debt drastically DOWN, can we see possibilty of ICLD becoming cash flow positive. ?? ?? YES.
Does the company know and show commitment to eliminating toxic debt? ?? YES.
ICLD is going to make it IMO
Good luck
IMO
Thank you sir. Money unfortunately can make human beings very emotional and its really all a gamble like much else in life since nothing is guaranteed but nothing is worth losing our peace and joy. I am overextended in this and I am human so I do lose my peace here. But I am a slow learner I guess since I bought more shares an hour ago lol.
Life is a GAMBLE:))
But GOD is Good. I try to remember daily with an attitude of gratitude that the important thing is love and I have plenty of love in my life. I am BLESSED in many of the things that money can never buy.
Good luck brother:))
IMO
Totally understandable my friend. You have to do whats right for you.
IMO
Great job buddy....good luck
Awesome starter price:))
IMO
You're so Phunny
IMO
None of this will matter because it's all demand and supply. Right now the supply was exaggerated and almost the entire reason for the declining price.
When the Supply eases off or stops and the company gives us a reason which increases the demand prices will rise.
Ultimately it's demand and supply
IMO
$18,500 Bid
1,000,000 share bid by wise value investor:))
IMO
Faith is Good
"Now faith is the substance of things hoped for, the evidence of things not seen"
I know it's very hard to have faith for the things in the future that we hope for especially when you're so focused on the present negativity and the present price decline.
I'm not talking about having Blind Faith and I fully encourage as always staying engaged and being aware and communicating with the company and keeping up with all current developments.
I have faith the company is going to do everything to become cash flow positive and eliminate toxic debt. I stay long shares and will buy more whenever possible.
IMO
2018 is year of Road back to Nasdaq
Long term is not in your Vocabulary
Listen, I get it. Long term is not in the vocabulary of pump n dump day trading junkies. Nothing wrong with that.
Most of us did not take the trip down from a dollar to .02. Yes many of us are down from .10 or so and many are down 75% to 90%. Some others are lucky enough to be buying here at .02. It doesnt matter. It is what it is. It's our reality.
So we're at .02 and I know there are risks of toxic debt elimination timing, short term oct maturities terms being renegotiated etc. But there are also so many great things that have happened with the restructuring. Debt reduction, cutting technology products rollout, non core assets gone, annualized revs still $40MM, company commited to getting traditional loans for working capital needs, commited now to getting rid of toxic conv. Debs, and committed to becoming cash flow positive and getting back on track to the Nasdaq.
My encouragement to the company in a recent letter was to shut the mouths of the lions speaking BS about the company and management and Focus on becoming cash flow positive, pushing sales force to increase revs while building the repetitive residual revenues, and taking the company back to Nasdaq.
Before that I continued to urge the company to communicate with shareholders and silence the rumors being spread by serial bashers and provide guidance for the future and the company did all that I had asked and no matter the spin by bashers, I applauded the letter to shareholders.
I personally believe the company will eliminate toxic debt, continue to reduce debt which we will see in earnings report coming in a few days, increase revenues, become cash flow positive, and get back on the road to Nasdaq All in 2018. 2018 will be a huge year compared to where the company fundamentally was in mid 2016 before restructuring effort was begun.
If people want to invest After the company makes further improvements, they can do that but will pay higher prices than here.
IMO
Thank you again
You're just a giver aren't you?
You're a real Gem sir and I salute you
IMO
Thanks very much
Once again for your unsolicited guidance and suggestions.
If you read my posts, you would know I am doing exactly that.
If you're happy n making money, I'm happy for you.
I want everyone to prosper
IMO
Yes indeed we'll all alert you lol
Imo
That would be all just speculation reasonable or otherwise.
When people have huge positions they spin all things positive. When people have sold for any reason and maybe reduced position their pride and ego wont let them rest LOL. They start spinning negatively slanted.
It will be what it will be. The company mgmt will do what they need to do.
Wait watch
IMO
Yes thats all they can really say. I agree.
IMO
I Agree
I made the effort to dispell false rumors based on speculation and perhaps hidden motives.
IMO
I am sure they get closer and closer to success with traditional loans as the balance sheet continues to improve. I am sure they have a priority to eventually eliminate all toxic debt. I am certain they have a priority to become cash flow positive.
But the rest is speculation till they do something and announce publicly.
IMO
The PR on Debt to Equity is Official
https://www.sec.gov/Archives/edgar/data/1128725/000121390017008294/f8k072617_intercloudsystems.htm
Over $4.9 Million personal monies considered to be at risk no matter how one spins it. This was a right thing to do. Commitment to longevity and viability of company.
" Mr. Munro and entities controlled by him exchanged promissory notes with an aggregate principal and accrued interest amount of $1,903,579[color=red][/color] for an aggregate of 387 shares of Series J preferred stock, and Pascack Road, LLC exchanged promissory notes with an aggregate principal and accrued interest amount of $3,013,884[color=red][/color] for an aggregate of 613 shares of Series J preferred stock"
IMO
Thanks for your Masterful input good sir Lol
IMO
I emailed the company directly asking them to confirm or deny. They know the poster who was spreading rumors before and continues to spread rumors and untruths.
IMO
Renegotiate debt terms.
Pay off toxic debt....this is what the company will most likely do even though perhaps a piece meal fashion...
Conventional loans with better terms
Angel investors...
The company has not done all it has done in the last year so that people who dont even hold a single share could come and prophesy gloom and doom
Look the CEO just risked millions of his personal dollars. Noone guessed that would happen.
I am at a loss why anyone would listen to people who have no shares and clearly an agenda for constantly spending energy on poo pooing the management and company.
Noone knows what alternatives the company is investigating as solutions and to keep moving forward to getting rid of toxic debt and becoming cash flow positive.
IMO
I Disagree completely
IMO
Yes there are many possibilities....no one can just guess and call it certainty
The company has choices:))
IMO
Thank you for all your advice and your care and concern for everyone:))
IMO
A Green day is a great day
More Green Cometh:))
IMO
They did this on Friday too they let it run to the $0.02 and then start selling
IMO
Someone needs to
Kick some MM butt:))
Ughhhhhh
IMO
When vampire vndm stops
Sucking blood.....
We will run like the wind
IMO
Keep an eye
On the MM's
Watch them from now to close...that will be telling
Watch and report
IMO
up 17%
IMO
Bye bye .01's
Hello .02's
IMO
BAMMMMMMMMMM....TIMEEEEE
IMO