Replies to post #28889 on InterCloud Systems Inc. (ICLD)

[JNickel1]

On or around

[JNickel1]

Yes

[Wtzo]

Maybe. It is up to the company they have until 3/31 to decide

[parrot head]

According to the 8-k on or around March 31st. The 10-k (most recent) says August 2017, however the March 31st date was not addressed/voided/retracted/cancelled in any way.



CONFUSING !!!!! MUNRO YOU SEE THIS !!!

[shotsky]

There is unlikely to be an R/S in March. The 10K SUPERCEDES what was in the 8K. It says 'on or before 8/29'. That is the new date that is provided to us. If it happens in March, that is still 'before 8/29'.
The date changes based on NEED to do it. If there is a need for a conversion to be done, the R/S will happen as needed. I imagine that debtors have been asked to not convert, as the balance sheet gets in order.
But, some debtors might prefer shares at current prices if they believe that will make them more money than accepting payments and interest. Doubt they would accept shares if they didn't believe in the company.