InterCloud Systems Inc. (ICLD)

[mave_rick]

The Company Response Again

I concluded my last post with the brief response I received from the company addressing my concerns, but I am posting the response here again so that once and for all we can put to rest the consistent idea that is certain poster keeps posting which is the fact that there are convertibles maturing and there may be a reverse split because of that maturity and so on and so forth and because this is his spin and a opinion-based rumor I wanted to get the straight answer from the company if they are going to address this and they said they are addressing it.

So from this point on do not believe anyone who tries to spin the convertibles that are maturing into translating themselves into another reverse split because that's not going to happen.

Again here is the brief response from the company I received this afternoon.


The response

"


If you sell multiple subsidiaries in the last 12 months your revenue reflects that. Between June of last year and today we have sold off more than $20 million in annual revenues. Our net loss is primarily due to onetime non-cash items, such as derivate expenses and impairment of assets.

As far as the convertible notes go, that will be resolved way in advance of the maturity. "

Bankruptcy is not on the table and another reverse split is not on the table at this time.

Your welcome:))

IMO