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I hope you stay long term.
I want to hold at least 2 years and probably longer for a good portion of my holdings.
When the analysts decide they want to dip their toes in the water the attention will roar and the price will explode!
This will be a life changer for the ones that are loading up the boat right here right now!
We just have to wait and reap a hellacious reward when she comes back to life!
You bought at the lows...You will reap the greatest rewards when you choose to cash out!
Grand slam, kl11i! You deserve a break!
I believe we will see a 10 to 20 multiple of this price in 6 months or less and several times that in 2019!
I will be loading more on any pullbacks! This is looking better and better with all the new contracts that management implied in the latest PR.
"the outlook for this fall remains very positive for additional large scale opportunities."
Awesome, kl11i!
If you're buying then you're one of the smart ones!
Hope your world is getting better there in TX.
Today's price surge should make your weekend a little brighter!
This may be starting THE RUN!
Hang on when it starts! It should get exciting!
Where did everyone go?
This is not your typical Friday around here!
We are up 17% right now and hopefully picking up to a high of the day soon.
People are seeing the value here and beginning to load up!
Truth be told...As long as the company is growing and staying fiscally responsible, there is no doubt we will have a healthy balance sheet and stock price in the not too distant future!
.014 , Mohammad
Mohammad,
Yes, in six months time I think we will have won many more contracts and become cash flow positive which is game changing for credit and debt elimination.
We really don't know when the cork pops out of this bottle of Dom Perignon but when it pops the celebration begins!
The sector ICLD is in has HUGE potential for growth and has been in several articles I have posted already!
Those with the ability to look into the future can see the company ICLD will become no matter what the naysayers here say.
That paints the picture of people standing at the station waving goodbye to the ICLD train as it speeds away from them. You'll see a lot of people kicking themselves for not boarding when they could have...We can wave at them from our seats on the train. I've got my ticket already!
Two questions for the people against buying ICLD:
1) Do you really think ICLD won't get through the next 6 months after what has already happened over the last two years?
My answer - ICLD's financial situation is now stronger than it has been in two years.
2) Do you think after ICLD has become cash flow positive and is experiencing revenue growth that a reverse split would go the same way the last one did?
My answer - No. A reverse split after becoming cash flow positive will result in a higher share price that will be more attractive to institutions to purchase and thereby taking shares out of the market and causing the float to tighten up.
This will drive the price up further in a short time!
My message...Hang on tightly for two years and talk to me about the stock price at that time!
Why are more and more businesses using SaaS?
by GEORGE BEALL — 1 day ago in CONTRIBUTORS
Just 10 or 15 years ago, a large portion of a company’s storage closet was taken up by boxes of software and their bulky training manuals. The larger the company, the more shelves it had dedicated to these discs and soft bound books. In addition to these things, companies also had to dedicate digital space to data storage, since all this software generated gigabytes upon gigabytes of files.
These days, companies still need powerful software packages to get work done, and they still need tons of data storage. However, at most offices, the storage spaces that once held software, manuals, and data are, for the most part, filled with other things. What’s changed?
Mostly, the software industry (for consumers as well as for the business world) has been transitioning from selling software to customers outright to more of a SaaS, or software as a service, subscription model. This change has also eliminated the need for companies to store so much of their data in-house, as SaaS subscriptions often come with generous amounts of cloud storage.
Change is never easy, but if your business has been waiting to take the leap from traditional software with locally stored data to SaaS with cloud-based data, there’s no time like the present to make the switch. What’s the big appeal? Why are so many businesses going with a SaaS model? Here are a few reasons.
1. Updates are built in.
It used to be that when you bought software, you bought whatever the current version was, and you were stuck with it. The company would update the software on a regular basis (some companies updated as frequently as once per year), but if you wanted the updated software with the new features and the bugs worked out, you had to shell out additional cash to buy it and invest additional time to install the update on all of your computers.
With SaaS, you get the latest version of the software automatically. And, because most SaaS packages are web-based, you rarely have to spend any time on updating.
2. Many SaaS packages do it all.
While most SaaS programs are tailored to a specific need (such as web design or database management), most of them are also surprisingly robust in what they offer.
For example, BQE Software’s newest product, called Core is a powerhouse for all types of businesses that handles time tracking, billing, project management, and accounting, all from one dashboard.
It’s appealing for businesses to be able to use one SaaS platform for multiple purposes, and the SaaS industry seems to be responding in kind by creating software products that satisfy this need.
3. SaaS makes telecommuting a snap.
With the old software model, it was hard to get work done away from the office (or away from the laptop you used for work), since everything had to be installed and stored on local machines.
With SaaS, though, you can work anywhere there’s an internet connection, and many platforms even work on smartphones. Collaborating is easier as well, since nothing is stored locally.
4. It’s scalable to suit your needs.
SaaS is rarely a one size fits all proposition. Most SaaS platforms are sold according to a tiered pricing structure. That way, you get exactly what you need and pay only for what you use. And, most companies have a well-staffed customer service department to help direct you toward the right level for your company.
5. Lower upfront costs.
Ten years ago, when you purchased software for your company, it would often cost in the thousands. SaaS products are typically sold as a monthly subscription, which means you don’t have to pay nearly as much upfront.
Yes, you can often pay for a year upfront, which does bring your initial cost up, but it’s usually not as expensive as it was to buy the software outright, and it’s also usually optional to pay for an entire year at once. What’s more, most SaaS companies offer new users a free trial, some for as long as 30 days, so you can do a test drive, so to speak, and see if it’s right for you at no cost.
6. Better onboarding and better training.
SaaS companies understand the importance of good onboarding and training. In fact, one study suggests that minimizing the time span between a customer’s acquisition of a SaaS product and their first success with that product leads to that customer sticking with the product for the long haul.
What this means for you is that SaaS companies will often go the extra mile to provide training videos, webinars, and whatever else is needed to train you as a new user of their platform.
7. Your data is more secure.
Stolen equipment is always a hassle, but stolen data can be a real nightmare. If you use a SaaS platform for your data, it’s stored in the cloud and not locally. This means that even if your office is burglarized or your laptop is stolen, your risk of compromised data is much lower than if you stored your data on a local computer.
https://thenextweb.com/contributors/2017/08/29/businesses-using-saas/#.tnw_NvBvB6sI
Like I've shouted before, where else can you buy a cutting edge technology stock that's showing growth in a hot sector for .01 a share???
Buy it and have a little patience!
They are getting the fuse lit on this rocket as we speak!
It seems to me they will be building the fiber network as the tier 1 service provider grows.
The more the client grows the more fiber ICLD will need to build to accommodate the clients needs.
ICLD will just get stronger and better because this sector will be on fire for the next 6 to 10 years!
Unbelievable weather, kl11i!
There is no way to not be affected in the Houston area.
I've been watching the news. When does the rain end?!
Glad you're ok and still finding a way to get the cheapies here in ICLD!
Hang tough in Texas! Things will improve!
Page 60 of the 10Q tells a different story from what you say, westin Texas.
Plus we have the $5 million the management took off the books in July when they exchanged their debt for preferred shares so you can stop fudging the facts and trying to scare people away.
I know the total debt is much closer to $27 million which can be serviced and pushed back on the calendar if need be.
They can definitely handle juggling this debt as they get more contracts and become much more financially stable.
The worst of the restructure process is over and the sector's projected growth is a good indication of where we go from here.
Stronger and better is the forecast for ICLD!!!
InterCloud wins contract from Edison IT services firm
By Eric Strauss, August 25, 2017 at 2:27 PM
InterCloud Systems Inc., the Shrewsbury-based provider of cloud networking solutions, has signed a contract with an Edison-based information technology services firm to provide provisioning and management software.
The deal with Tekmark Global Solutions will see the IT company use InterCloud’s automated system for multilocation and multi-data-center networks.
“As we begin to transform InterCloud from a professional services-oriented business to a (Software-as-a-Service) solutions company, contracts such as these are critical steps in this transition,” InterCloud CEO Mark Munro said in a prepared statement. “The public markets recognize the value of SaaS-modeled companies versus traditional professional services companies. The anticipated revenue growth, increased gross margins and the recurring revenue nature of this business is compelling.”
Gary DelGrande, Tekmark’s CEO, added: “The implementation of NFVgrid SD-WAN will allow Tekmark to manage its wide-area network more efficiently. A lot of network configurations, management and monitoring functions that were traditionally handled manually are now automated utilizing NFVgrid SD-WAN.”
The SD-WAN solution provides functions for fully secure, encrypted connection of remote offices and data centers without necessitating on-site IT technicians, InterCloud said.
Financial terms of the contract were not disclosed.
http://www.njbiz.com/article/20170825/NJBIZ01/170829889/intercloud-wins-contract-from-edison-it-services-firm
"Be a happy rabbit"
LOL...Words to live by!
rotfl
Exactly!
Do these shorts think these cheap shares are horrible for long term holders? NO!
We will be able to triple our holdings @ .005.
Do your worst, shorts!
Us longs can use the extra shares a couple of years from now!
Maverick asked IR about the Grant Thorton case and they told him it's still in early stages.
It will be great when they get that settlement. Should be a fat stack of cash in my opinion!
It looks like an obvious win for InterCloud.
The ones that are trying to paint the bleakest picture don't take into account the contracts that will be signed in the next couple of years that will generate growing revenues over time and enable ICLD to grow themselves out of debt and put all revenues toward normal costs and profits.
SaaS Harnesses Web for Productivity
How to start a new service without the CAPEX
August 18, 2017
ALEXANDRIA, VA.—The internet has permanently changed how we do just about everything in our professional lives, from making travel plans to giving us the very tools we use to complete our work. As connection speeds improve geometrically, “the cloud” becomes an ever-more attractive place to do the real work of content creation, transcoding, distribution and storage.
So it is with software as a service (SaaS), a category of internet offering that was not available five years ago but now has key advantages for television and film operations. Let’s take a look at what it can do, then see where it might make sense for your operation.
Andrew Warman, director for cloud product management at Harmonic Inc.
“SaaS is a way for a third-party provider to host software applications and make them available to customers to use over the internet,” said Andrew Warman, director of cloud product management for Harmonic Inc. in San Jose, Calif. “It removes the need for organizations to install and run applications on their own data centers. Moreover, it takes away all the headaches involved with buying, provisioning and maintaining hardware, including the need to manage software licensing and deal with support issues. All these aspects of owning and operating hardware are replaced by a fee paid to use the services.”
This lack of up-front capital expense can foster experimentation and new video services, once SaaS is widely understood and the concept grasped.
“SaaS lends itself to a variety of operating models, including cases where initial cost of deploying conventional solutions is seen as risky, expensive and/or too time-consuming,” Warman said. “Launching a service is fast; there are no upfront startup costs, and operation of the hardware and software is handled by the service provider, reducing—if not entirely removing—these constraints. SaaS enables operators to launch and stop on-demand services, as needed, without paying for unused or under-utilized infrastructure when the service is dormant or if it is no longer necessary.”
AFFORDABLE ONE-TIME EVENTS?
Need a concrete example?
“Consider the situation in which a local broadcaster had an opportunity to air a concert or speech at a local venue,” said Steve Reynolds, chief technology officer for Imagine Communications in Dallas. “Normally, the capital expense to put in place integrated channel playout for what might be a onetime event would be too high. A SaaS model would allow [a broadcaster] to experiment with these types of live events.”
If you are a content creator with the chance to take on additional projects, SaaS can provide workflow efficiency as well as help you avoid much of the pesky capital expense to outfit new editing stations and in-house shared storage.
“SaaS not only allows scale-up capabilities, but provides one thing that typical CAPEX models do not provide, and that is scale-down,” Reynolds said. “A business can take on larger projects and grow as necessary. SaaS would allow a content creation company to grow incrementally, while optimizing its overall infrastructure cost and moving between CAPEX investment and OPEX based on its particular needs.”
For many broadcasters, their news programming is the focus of their operations. Where can SaaS fit into the production of local broadcast news?
“A news service will provide its stories in individual segments that are then distributed to the service’s customers—i.e., broadcasters—mostly in standard broadcast formats,” said Raja Srinivasan, product manager for Telestream’s Cloud offering. “However, many broadcasters also receive local news stories from stringers, or even from the general public. These feeds will come into the station in a variety of formats, and the cloud offers these providers a simple way to take their news stories and make them broadcast ready—maybe even adding [lower-third graphics].”
Srinivasan cited a recent project with Calkins Media, a New Jersey-based station group that used the Telestream Cloud Advanced Service on a “pay-per-minute” basis to allow Verizon to offer some of Calkins’ programming on-demand.
“Alternatively, a broadcaster may use cloud transcoding technology to supplement its in-house transcoding capabilities for those times when there is a peak in incoming material [such as a major fire or other event],” he said. “Calkins Media is an excellent example of a broadcaster that uses cloud transcoding in this way.”
ATSC 3.0 AND SAAS
ATSC 3.0 is coming and broadcasters are now planning on how and when to implement this new standard. How does SaaS figure into ATSC 3.0?
“One of the biggest changes in ATSC 3.0 is the inclusion of 4K-resolution video,” said Ian Hamilton, chief technology officer of U.S.-based Signiant. “With broadcast moving to a 4K future with ATSC 3.0, we expect a lot more 4K content to be produced for television. All this content will need to be moved through today’s globally distributed production ecosystems and supply chains. Sending these much larger files over IP networks, quickly, reliably and securely will be a major concern for broadcasters, and a proven SaaS solution like Signiant’s Media Shuttle will be the easiest, fastest and most economical means of doing so.”
SaaS is not necessarily targeted at big or small clients—it’s more about the needs and imagination of the client.
“On-demand access to an application as a service is a highly efficient, cost-effective alternative to a traditional software license,” said Lawrence R. Kaplan, president and CEO of SVDI Corp. in Sunnyvale, Calif. “SaaS enables consumption-based pricing—infrastructure on demand. SaaS-based access to an application would be a great advantage to any user who has an unpredictable requirement to process 4K files. Of course, dealing with 4K requires special consideration. SVDI’s Rally is an SaaS application hosted in a public cloud, but the processing resources and files being processed can be located anywhere. For example, it may make sense to process a 4K file on premises, rather than in a public cloud.”
Ian Fletcher, chief technology officer for media at Grass Valley
PLAN FOR CLOUD-BASED APPS
Some of what SaaS does sounds a lot like what a product will do, but it does it across the web. Ian Fletcher, chief technology officer for media at Montreal-based Grass Valley, suggested that getting the most from SaaS technology means planning cloud-based operations instead of specific hardware-dependant tasks.
“The most important thing to understand about SaaS and cloud technology is the difference between a true cloud architecture and simple virtualization; this is an area that is often misunderstood,” Fletcher said. “Many of today’s current cloud deployments are really nothing more than existing products running on VMs in a data center. Although this may have some benefits for certain types of customers, fundamentally it is still operating the same as conventional playout systems—all the broadcaster has really done is made the cable longer between him and his equipment room.”
If you are still unsure about how SaaS works, industry consultant Al Kovalick, founder of Media Systems Consulting, said that “flinging watts into the ether” will not be affected by SaaS but just about everything else will.
“All aspects of media workflows and applications will be affected, including MAM, craft editing, logging, review and approval, scheduling, video processing, office productivity apps, and many more areas,” Kovalick said.
Although the first word in SaaS is “software,” SaaS is more than just another way to edit or transcode video. Properly configured for your use, it can offer the chance to try new projects, reach new viewers and save on capital expenses. Or if you simply need to scale up what you are already doing, there’s probably a SaaS partner to help you get that done quickly.
http://www.tvtechnology.com/resources/0006/saas-harnesses-web-for-productivity/281601
I really liked this blurb from the article you posted...
“The more things change, the more they revert to where they started from. Computing started off as one central mainframe computer with a lot of dumb terminals attached. Then came distributed computing with one central mainframe and several mini computers attached. This was followed by personal computing and now mobile computing. However; the mainframe never died contrary to popular propaganda. It simply evolved and we now give it trendy names like cloud computing and SaaS. Both Cloud computing and SaaS are here to stay as customers today have more choices and don’t want to pay for the functions and features they don’t need or the mega MIPS they don’t use. And that is what makes SaaS products such a good deal and will continue to be as security improves and international laws about cyber security gets formulated and implemented. SaaS products have reduced margins per customer for the software developers but they can engage a larger client base due to the ease of delivery and greater reach. They earn a little over a larger customer base resulting in greater net profits.”
Yes, the company is showing the ability to get new business which will have a stairstep earnings style that will give us growth in every quarter to come.
The sector is forecast to have phenomenal growth from $4 billion this year to $60 billion by 2023. InterCloud will get their slice of the pie partly because they have a more nimble ability to update and bring new technology to the fold while big companies like Cisco are slow moving and will take years to get to the point InterCloud is at now.
Where else can you get a cutting edge tech company for .01 a share.
I personally forecast ICLD to be debt free before 2020 and making large profits of course. At some certain point the herd will suddenly realize that ICLD is a super value and the party of the century will start here with our stock!
I will be here when it happens! I don't worry about what management has to do from here to get to there...I know the CEO owns somewhere around 500,000 shares of common stock still if I'm not mistaken. He doesn't want to water down the shares anymore than he has to.
Long it and don't sweat the details. InterCloud is coming back!
Thanks for that, Maverick!
Those are two questions I had for them.
Now we have some more clarity.
Like you've said before, this will be a winner for people with enough patience.
Yes you did!
What's your secret???
InterCloud Secures Contract With Multi-National Firm for SD-WAN Solution
AUGUST 25, 2017
SHREWSBURY, N.J., Aug. 25, 2017 (GLOBE NEWSWIRE) -- InterCloud Systems, Inc. (the "Company" or "InterCloud") (OTC:ICLD), a leading provider of cloud networking orchestration and automation solutions and services, announced today it has entered into a contract with Tekmark Global Solutions for its automated provisioning and management software system for multi-location and multi data-center networks – NFVgrid SD-WAN. Tekmark is a multi-national, New Jersey based IT professional services company.
InterCloud’s SD-WAN solution provides functions for fully secure, encrypted connection of remote offices and data centers without the need for IT technicians onsite or truck roll requirements. This solution fully automates the initial customer premises equipment (either physical or virtual) roll out as well as ongoing management, maintenance and monitoring services.
Guy DelGrande,CEO of Tekmark stated: “The implementation of NFVgrid SD-WAN will allow Tekmark to manage its wide area network more efficiently. A lot of network configurations, management and monitoring functions that were traditionally handled manually are now automated utilizing NFVgrid SD-WAN.”
Mark Munro, CEO of InterCloud states that, "As we begin to transform InterCloud from a professional services oriented business to a SaaS solutions company, contracts such as these are critical steps in this transition. The public markets recognize the value of SaaS modeled companies versus traditional, professional services companies. The anticipated revenue growth, increased gross margins and the recurring revenue nature of this business is compelling.”
http://ir.intercloudsys.com/press-releases/detail/904/intercloud-secures-contract-with-multi-national-firm-for
I hope it's good news.
We could use some positive vibes around here!
Why or what makes you say that?
They cannot convert their preferred shares unless the company is sold.
We'll see about Oct. convertibles.
They have told Maverick that those convertibles will be reworked for maturity at a later date.
Maybe arbitration? That would be great. That would help us sooner and save everyone some legal fees!
When that gets settled I believe we should see a lot of progress toward getting ICLD back to positive cash flow.
Hurry up, lawyers!
Maverick,
Do you think it would be possible to find out the time frame of the lawsuit against Grant Thornton?
I know this could be a giant cash injection when it's over. I just wondered if they would have any kind of insight of when it might go to trial.
Emma,
They have to get over certain hurdles to get to being a large revenue generator again.
And since you brought up praying for someone's demise...I don't believe that is what prayers are for.
Management has had to make some tough decisions to bring the company back in line. They didn't get pleasure in the actions that have frustrated you to this point.
Stocks are an animal that have to be investigated thoroughly by someone who knows the ropes. There are people out there who could have read the tea leaves and moved on from what you jumped into when you did.
But now the clouds are starting to part here and blue skies are ahead for ICLD. The moves that Munro made are getting them closer to where you want them to be.
So this it for the "mystery" move that the company would make.
This is WAY better than a 1 for 100 r/s. That kind of talk is history!
This is the least painful move management could have made for the next year.
Good..it's over and we can get back to watching management build the company back to a healthy revenue generating beast of which I will own a nice amount of shares!
I say this should put a lot of peoples minds at ease combined with convertibles being reworked to future dates!
Yes, you had said that the debt holder did not want to become an affiliate.
So therefore the debt would be restructured.
I agree with the strength of the bounce today.
This turned into a fear induced sell off today that many took advantage of.
I will be trying to get some more cash to buy some more .01?? price shares.
Irresistable for a future ICLD past all the questions.
There is no news influencing this stock price today!
This is just an emotional roller coaster that should be bought because there will be a point that no more shares can be sold. At which point will give the stock upward momentum!
We had 16,534,000 shares sold yesterday and have surpassed that already today!
We should be close to 350 million outstanding shares right now and only have so many more to go.
I'm here to see that and then the drying up of shares out there to sell.
Great letter, Maverick!
Just basically sending an S.O.S. signal to the company to say something to soothe the anxious and/or panicked stockholders!
That will definitely add to their bottom line.
They had some revenue generating projects that were not finished before the last earnings report came out so the revenues couldn't be counted.
The next ER should hold some nice surprises for us!