Replies to post #43133 on InterCloud Systems Inc. (ICLD)

[Yaghtsman]

The interest due on the $15M October notes is about $1.2M. So far, they have diluted about 280M shares since the RS. That translates to about $4.2M using .015/shr. They had 4.3M senior debt left + 1.2M interest as explained above + the 1.2M notes converted after RS. If my math is correct, they need to pay about 7M total near term to erase the senior debt and the other items noted. So, it will probably take another 100M shares dilution unless they renegotiate the October notes.