Massive $SGSIF news just out!!!
Post# of 848
Roger Ponder has resigned as a director of Icld, Intercloud, the firm SGSIF (that was MVTG at the time) bought the revenue producing part of SGSI/MVTG from. Roger Ponder is the CEO of SGSIF and one of 2 directors. If Ponder thought SGSIF was a bad bet he would not have abandoned ICLD, and left with the crown jewel of ICLD and moved the SGSIF. The and the other two officers own 51% of the company! In common shares!!! Ponder owns 23%. This is no typical under valued pink stock fans!!!
Ponder, Keith and Larry own 51% of the issued shares!!
Looks like Ponder cherry picked Mantra Energy and Aws as his exit strategy from Icld, which confirms we are the right side of the deal as we suspected!! SGSIF has outperformed Icld by about 1000% since the June/July... So Ponder picked the best of Intercloud and moved it to Mvtg and now he and Keith (the CEO of the Aws subsidiary) control both as SGSIF. And Ponder owns his own venture capital firm!!
This tells me Ponder, the ex-President of Time Warner Atlanta, who managed a 1 Billion dollar annual budget knows ICLD is toast, and picked his Exit card, the prime asset AWS, sold it to MVTG and took over MVTG which is now SGSIF!!!
http://ih.advfn.com/p.php?pid=nmona&article=76335164
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On December 19, 2017, Mr. Timothy A. Larkin, Chief Financial Officer of InterCloud Systems, Inc. (the “Company”) departed from the Company and will pursue other opportunities.
On December 19, 2017, Roger M. Ponder, director of the Company, resigned from the board of directors of the Company and all committees thereof to focus on his role as a director and Chief Executive Officer of Spectrum Global Solutions, Inc.