InterCloud Systems Inc. (ICLD)

[why_meil]

This thing is certainly coiled and ready to pop. But no telling when. I'm hoping to see some positive upward action leading into the quarterly report. But so far not much happening. Hopefully the next quarterly report doesn't disappoint.

I'm not expecting too much. I still expect them to report negative earnings on less revenues than the same quarter a year ago. But I will be happy if they report continued reduction of debt along with a decrease in the percentage of net losses. I'm also looking for growth in revenues over the previous sequential quarter. If they can do that, at least that would indicate to me a trend in the right direction and worth hanging around for another quarter.

In the meantime I'm still holding 450k+ shares at an average cost of $0.0203/sh and patiently waiting.

I started accumulating ICLD on 3/23/17 before the 1:4 reverse split, and I have been dollar cost averaging down since then. My last purchase was on 8/30/17 but I can't add any more without throwing my portfolio allocation out of whack. Still need to stay diversified.

But I'm comfortable with my current position in ICLD and still expect to sell one day at many multiples of my average cost. However my attitude will change if their next quarterly report doesn't live up to my modest expectations listed above. I have a lot of patience but there is a limit to it lol.

I haven't been following this board much this month since I quit adding to my position. So I don't know what ICLD's current OS is. Last I have is 371,909,360, but that was as of September 9th. I meant to call their transfer agent today but didn't get around to it. Would you or anyone else here happen to have a more current count?

Thanks in advance and best of luck to all the longs still here!