Replies to post #60077 on InterCloud Systems Inc. (ICLD)

[Ecomike]

ICLD just converted 3.7 Million dollars of SGSI debt owed to ICLD into controlling ownership shares of SGSI.

Debt does not do a 10x increase in value, but SGSI shares, once the trade war spat settles down may jump up 10X, thus making the ICLD shares do a 10X rally.

SGSI 10-Q is due Wednesday and its float and OS is tiny, and way under priced now that the debt has just been converted to no interest bearing stock holder equity, making an up list to Nasdaq posssible. SGSI has about 35 mil/yr in revenue, 5G telecom engineering services firm.