InterCloud Systems Inc. (ICLD)

[shotsky]

The A/S is the authorized shares. That does not change until a shareholder vote to change it. That has not happened.
The O/S is the outstanding shares, that is the shares sold vs the ones that remain to be sold - the difference between the A/S and the number already sold. The O/S is increasing and may hit the A/S mark soon. A bad thing if conversions are still in the pipeline.
A reverse split reduces the O/S by the ratio of the split. In a reverse split, it is only the SOLD shares that are divided by the ratio and the value multiplied by the ratio. Unsold shares are unaffected, except that when they are purchased, it will be at the new price. (4x in this case.)
In this case, since there may be more shares ABLE to be converted than the total AS of 500,000,000, the reverse split reduces the O/S by 75%. That completely removes the problem. No value change to shareholders, just a lot more headroom for new shares. THOSE are what the big hedge funds and other heavy hitters will be buying at the then current price.
This is the best thing that could happen at this time! All 'big' buys after the R/S will be at the post R/S price, and they will go fast, if I have any understanding of what's about to happen. Just as we jumped on the .01-.02 shares, those funds will jump on the .20-.30 shares.