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Replies to post #56652 on InterCloud Systems Inc. (ICLD)

Replies to #56652 on InterCloud Systems Inc. (ICLD)

Hou-trader

12/09/18 9:32 PM

#56654 RE: KeepItRealistic #56652

Thank you Realistic- I see the filing info begin on page 31 and down. The dollar amounts of these financings are not very much to me and it's not in the hundreds of thousands or even tens of thousand of dollars. I don't see how these small financing loans will bankrupt this company. Others may analyze the link.

I appreciate pointing out where to find the info! I looked but missed it on my iPad.



Vet-trader

12/10/18 7:09 AM

#56663 RE: KeepItRealistic #56652

The note you quoted is to ICLD it is income not debt.

And you talk about DD

Vet-trader

12/10/18 7:36 AM

#56665 RE: KeepItRealistic #56652

"In connection with the sale, the Company received from Spectrum a one-year convertible promissory note in the principal amount of $2,000. This note accrues interest at a rate of 8% per annum. The interest income associated with this loan receivable during the year ended December 31, 2017 amounted to $69. This note is convertible into shares of common stock of Spectrum"