InterCloud Systems Inc. (ICLD)

[happykat]

Senior debt is the debt that takes priority over other unsecured creditors if a liquidation of a company occurs. The fact that the CEO is trying to wipe out the senior so quickly is what I believe is leading some people to speculate that a buyout may be his goal... either part or all of the company. Remember this from Tuesday's PR:

"Our team has focused on several highly remarkable use cases in healthcare security and analytics, tier two carrier orchestration and automation, and deep machine learning analytics and automation for IOT applications. Recently, two companies with similar software platforms to InterCloud's have sold for over $100 million each. These events give us even more confidence we are in the right space at the right time."