InterCloud Systems Inc. (ICLD)

[Justfactsmam]

Expensive Financing for Acquisition...conversion $6.36 a share...humm Investors dont realize it yet IMHO

Would have been better offering more $ in shares outright and at a higher pps than this 30% discount..

" The Debentures also are convertible into shares of the Company's common stock at the election of the holders at a conversion price equal to the lesser of (i) $6.36, or (ii) 85% of the price per share of the common stock in the Company's first underwritten public offering of not less than $10 million, in each case subject to customary adjustments.

In connection with the sale of the Debentures, the Company agreed to register for resale under the Securities Act of 1933 the shares of common issued or issuable upon conversion or payment of the Debentures by filing a resale registration statement with the Securities and Exchange Commission within ten days of the filing of its Annual Report on Form 10-K for the year ending December 31, 2013. "