InvestorsHub Logo
Followers 20
Posts 1390
Boards Moderated 0
Alias Born 06/16/2004

Re: Mohammad111 post# 53045

Tuesday, 03/27/2018 6:31:52 PM

Tuesday, March 27, 2018 6:31:52 PM

Post# of 61601
Yep, those reverse splits are real portfolio killers. But I still think ICLD stands a chance to turn their company around. Yeah, they're doing it at the common shareholders expense right now via dilution.

But the way I look at it their current market cap is a paltry $1.63M. The day they report a profitable quarter (if ever) that market cap can easily jump to $50M or higher basically overnight. And a $50M market cap would barely qualify them as a micro cap company (by definition, micro cap companies have market caps of $50M-$300). So still lots of room for upside.

If this company becomes profitable and stays profitable quarter over quarter, a $200M market cap would be a conservative number.

Say InterCloud is 12 months away from becoming profitable and they continue to dilute at 5M shares/mo. The OS would climb from 15M shares to 75M shares, but assuming a $50M market cap, that's a share price of $0.67 per share. A couple more profitable quarters and a $200M market cap at 75M shares translates to a share price of $2.67.

That's what I'm waiting for and why I'm still here. And it's not over until the fat lady sings!