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Sunday, October 2, 2016

InterCloud Systems Inc (OTCMKTS:ICLD): Refocus On Shareholder Value

#InterCloud Systems (OTCMKTS:ICLD) has taken some bold steps in order to refocus and restructure the company. First off, ICLD just transitioned from the NASDAQ to the OTC-QX exchange and embarked on a game-changing plan to reduce costs, as well as restructure the Company and significantly reduce the debt on its balance sheet. In that regard, ICLD announced that it has eliminated more than $14.1 million of debt from its balance sheet, as well as all derivative liabilities associated with that debt. Will these steps propel the stock from its present price of $0.10 and back to last years levels of over $2? If you read the roadmap that follows, I think you’ll see which direction the stock is headed.

http://www.insiderfinancial.com/intercloud-systems-inc-otcmktsicld-refocus-on-shareholder-value/117142/

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