Wednesday, January 30, 2019 2:03:20 PM
Somebody just filed an SEC filling showing they now own 9.99% of the company (ICLD) that owns most if not all of SGSI's debt to ICLD.
https://ih.advfn.com/stock-market/USOTC/intercloud-systems-inc-ICLD/stock-news/79150115/amended-statement-of-ownership-sc-13g-a
Somebody with spare time might want to find out who they are?
Also, if ICLD has little debt left (????) and own most of the SGSI debt, what happens if SGSI buys or merges with ICLD?
Debt vanishes, as shares issued to the seller. Poof the debt is gone in 60 seconds?
What is the market cap of ICLD, the price we would pay if we bought ICLD (and thus bought SGSI debt?). How much debt does ICLD have left of its own, and what is the floor price on it.
All of my posts are strictly opinions and should not be considered to be facts, or investment advise. They are for entertainment purposes only.
Recent HWNI News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/20/2024 08:15:45 PM
Last Shot Hydration Drink Announced as Official Sponsor of Red River Athletic Conference • EQLB • Jun 20, 2024 2:38 PM
ATWEC Announces Major Acquisition and Lays Out Strategic Growth Plans • ATWT • Jun 20, 2024 7:09 AM
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM
Fifty 1 Labs, Inc Announces Acquisition of Drago Knives, LLC • CAFI • Jun 18, 2024 8:45 AM
Hydromer Announces Attainment of ISO 13485 Certification • HYDI • Jun 17, 2024 9:22 AM