InvestorsHub Logo
Followers 471
Posts 29783
Boards Moderated 1
Alias Born 11/12/2016

Re: CryptoNinja post# 28094

Sunday, 03/26/2017 11:54:31 AM

Sunday, March 26, 2017 11:54:31 AM

Post# of 61601
https://www.insiderfinancial.com/intercloud-systems-inc-otcmktsicld-relief-from-uncertainty-coupled-with-positive-news/116896/

"In order to further these debt restructuring efforts, the Board of Directors determined that it would be more prudent to continue our public listing on the OTC-QX rather than on NASDAQ, in order to take advantage of increased flexibility in effectuating the aforementioned restructuring, as well as postpone the shareholder
approved reverse-split."

They need the small RS to get to the minimum pps OTCQX requires.