Replies to post #59886 on InterCloud Systems Inc. (ICLD)

[Mohammad111]

I absolutely agree, mdimport. There is a very good possibilty that his company will file chapter 11.

[fsshon]

If they go into Bankruptcy, they will request a cancellation of common shares. It may just be a Chapter 7. The judge will not approve a Chap 11 just to shed shareholders and start over if they do not have revenues and employees that need their jobs saved.

SELL NOW!

This One is Done. I expect an investigation into actions of management!!! This will have to be a bona-fide SEC complaint with a referral to FBI Financial Crimes Division.

Caveat Emptor
Stinky Pinky
I lost quite a bit on this P.O.S.
They stated nice revenues and suckered me in, I'll bet they didn't have them. Remember Wild West of Stocks. UNAUDITED FINANCIALS!!!!
Better to put something in your account than nothing!
SELL
~Don~