$ICLD On November 15, 2016, InterCloud Systems, In
Post# of 5409
Posted On: 12/05/2016 12:41:33 PM
$ICLD On November 15, 2016, InterCloud Systems, Inc., a Delaware corporation (the “Company”) sold approximately $1 million of receivables to an accredited investor in exchange for $950,000. The proceeds of such sale were used to make amortization payments to the Company’s senior lender, and for general working capital purposes.
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