ALL $ICLD LONGS READ THIS.......... (I posted th
Post# of 468
(I posted this on another board but wanted to share it here too)
I just posted this as a reply, but wanted to make it its very own post because after digging into the financials of another very, VERY similar cloud based company, I found it extremely interesting.
The company is called Coupa ($COUP) and their Board of Directors and shareholders voted on and approved the exact same
1 for 4 reverse split that the $ICLD CEO has suggested we will be doing. They did theirs just last September.
Not only that, but in 2015, their end of year annual revenue was $83M....very close
to what I anticipate ICLD's 2016 year end revenue will be when we get earnings. Within just a few million is my guess.
When we RS, our outstanding shares
will be around 122M.
There's are 48M, so $ICLD will have just 2.5 times more shares
than a company that's trading
at $27.06 that had $83.4M in revenue the year before last. Almost exactly what we will have reported on our 2016 earnings report.
BUT..........
LOOK AT THIS!
$COUP- $83.4M revenue in 2015, 48.1M O/S, closed @ $27.06 today
$ICLD- $75-$80M revenue in 2016, 121.8M O/S after R/S, closed @ $ .0856 today
Now tell me we don't have A TON of room to run!!
2 side notes...Coupa lost $46M last year and still trades
at over $27.
$ICLD.........We can pull dollars EASILY!!!