InterCloud Systems Inc. (ICLD)

[Inorout]

Yep..I got it. Did anyone else notice that ICLD shareholder deficit increased by more than 100% in just the past 6 months alone? ICLD posted a shareholder deficit on December 31, 2016 of ($16,043,000) and in the latest Quarterly filing shareholder deficits are up to ($36,055,000). Liabilities also increased from $58,091,000 at the beginning of the year to $64,926,000 in the recent report. Indeed ICLD is burning millions of dollars and averaged $134,200 in net losses every day last quarter. IMO, ICLD is a bankrupt business model. With these cash burn realities, I rate ICLD a strong sell.