Replies to post #32092 on InterCloud Systems Inc. (ICLD)

[hollygoodhd]

He did not tell us the NET operating income, the value of any owned buildings, or the length of remaining leases, or contracts.

I agree the 10M vs 2M suggests a few things- debt reduction- payroll reduction and it's also notable he sold to a company outside his business sector but retained 19% ownership. Wonder if the buyer is going to pick it apart and sell it off? Certainly deflects upheaval at home in NJ that would be caused by layoffs.

I guess we wait patiently for the balance sheet and we shall see.