InterCloud Systems Inc. (ICLD)

[DonJohn]

Your confused. The 10Q states:
"A 1:4 reverse stock-split of the Company’s common stock was approved by the Company’s stockholders on August 29, 2016 at the 2016 Annual Meeting of stockholders and by the Company’s board of directors in April 2017. The Company has requested the required regulatory approval from FINRA (Financial Industry Regulatory Authority) in order to effect the reverse stock-split. To date, the Company has not received the approval and the reverse stock-split has not been effected."

The extension date relates to a warrant expiration. That is stated in the 10Q just above what you pasted in your post.

That said, I do believe they are doing things behind the scenes to delay the RS and that is why the FINRA approval is taking much longer that the lenders expected.