InterCloud Systems Inc. (ICLD)

[mave_rick]

$40 Million Revenues

I had mentioned in a recent post that I am expecting annualized revenues of around 40 million dollars considering the assets we still have left on the books after the selling off of non-core assets.

I had mentioned that we need an average of 9 million dollars in revenues per quarter for the remaining three quarters since we had 14 million dollars in gross revenues in the first quarter of 2017.

This is still a very achievable goal and we may even surpass it based on revenues generated especially from the new technology introduced recently.

As the company now continues to address toxic debt which they have admitted that they desire to completely eliminate and as they get closer to Conventional Lending being approved because of an improved and the leveraged balance sheet I think the company can move faster towards becoming cash flow positive.

No matter how we look at it and how some people choose to spin things the bottom line is we have a much more improved and healthier balance sheet and we are on our way to becoming profitable. The company is getting more and more razor-sharp focused on becoming cash flow positive and taking the company back to the NASDAQ in 2018 and I believe both these things will happen in 2018.

As we continue on this road I believe at the appropriate time the shares will be more appropriately valued and there is no question there will be sharp upward Corrections in price from current levels.

IMO