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Re: junkHustler post# 75609

Wednesday, 07/25/2018 9:02:18 AM

Wednesday, July 25, 2018 9:02:18 AM

Post# of 85953
Exactly,

NO where does it say AWS and ADEX were the worst margin or unprofitable subsidiaries of the company.

“Mark Munro, CEO of InterCloud stated, “The sale of this business asset is a continued attempt to realign InterCloud’s business units around profitable higher margin work. The AW Solutions sale has given InterCloud the opportunity to continue to improve our P&L and balance sheet. InterCloud is exploring the sale of other non-core assets as well. This reorganization is providing us the changes necessary to attract conventional asset based lending solutions in order to fuel growth in our core areas.



What it says ICLD was searching for units (in their core CORE AREA) that were profitable higher margin work, IT DOES NOT SAY[/b, AWS OR ADEX were unprofitable or what type of margins they had.

It also doesn't that AWS or ADEX profitability or margins were any worst than any other of their subsidiaries.

AWS and ADEX could have very well been there highest margin and most profitable subsidiaries at that time.

ICLD sold those entities as they were the poorest of performing subs.



Please provide documentation of your claim.