Monday, June 26, 2017 4:23:34 PM
While not aware in the details of the specific financial challenges that ICLD faces, raising funds for survival often is done to continue business by giving shares to companies and individuals they depend on for their survival. This is not something unusual.
What is important here, is the potential of the company itself. And, how successfully the management is able to handle and resolve the challenge. Yes, buying the common shares of any such company involves a higher risk. However, the rewards in their success can be also greater if it comes true. There is always a number of risks in participating in the stock market in most of the listed companies... and more so especially when they are in the OTC with problems. It's all about the degree of risk one is willing and able to take.
I hope my response partially meets your legitimate question. GLTY & GLTA
PS: https://www.streetinsider.com/Corporate+News/InterCloud+Systems+%28ICLD%29+Wont+Appeal+Nasdaq+Delisting%3B+Will+Apply+to+OTC-QX/11989263.html
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