Replies to post #60091 on InterCloud Systems Inc. (ICLD)

[Ecomike]

SGSI showed almost a million in cash, and the Wavetech merger was expected to put another 2 Mil in cash into SGSI. I thought that 2 Mil in cash was going to ICLD to pay off debt, but they printed $3.7 Mil dollars in SGSI shares at about .22/share to pay all but about 2 Mil in debt held by ICLD, off.

So it is possible the SGSI/Wavetech deal needs to complete, before ICLD gets the other 2 Mil in cash, and thus, then has money to pay for fillings, audits, etc and the files current filings?