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Wednesday, March 15, 2017 10:33:25 PM
Rather than talk about the previous set of circumstances, they want to talk about the set of circumstances we have not yet heard about because of some kind of restriction or unfinished deal.
If these plans are not yet finalized, and cannot be announced as a result, it may have precluded the conference call.
This could signal different things:
A buyout of InterCloud - ICLD's revenue is in multiple contracts, none of which is over 10% of business. On the other hand, hyperconvergence is the absolutely hottest button on earth in tech right now, and that could be the trigger. They ALL want in on hyperconvergence. Don't worry if you don't know what that means Google is here to help you. Just know it is hot, hot, hot, and InterCloud got into it in 2016 - read the annual report.
Any one of its larger customers might want to buy ICLD and ace out their competitors that are already customers. Not a bad business decision. Just saying, it is possible, and could not be discussed in a CC.
A sale of one or more existing assets - this is possible, it is what drove them into debt in the first place. They have already announced the potential sale of non-core assets, but if those details are not final, they could not be discussed in a conference call without completely hiding the true intent.
I think there will be news soon, and it will be dynamite news. I don't see a aingle negative with this company going forward, and I plan to benefit along with others that see it the same way.
The purchase of yet another new company - again, subject to disclosure restrictions.
So, we wait for the next news. I cannot but expect it to be positive news, as they have been doing nothing but cleaning up the bad news. It appears to me that most of their 'profit' has gone to eliminating convertible debt, and not much of that remains.
Expect good news! Have as many shares as you can because once news is out, it will skyrocket the share price. Everyone knows this is a real company, it just needs to break the toxic debt mold, which is just about done.
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