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Thursday, August 18, 2022

Bulls Take Charge of Cloudcommerce Inc (OTCMKTS: CLWD)

Cloudcommerce Inc (OTCMKTS: CLWD) is making a highly explosive move up the charts in recent days since breaking out of sub pennland and into pennyland. The stocck has quickly attracted legions of shareholders and emerged as one of the top most traded stocks in small caps regularly topping $2 million USD in dollar volume.

its easy to see why investors are excited about CLWD here; the Company recently filed audited financials showing $3.2 million in sales for the 3 months ended March 31, 2020 and the Company is already projecting 2020 full year revenue to exceed $14 million and net operating income to exceed $1 million. CLWD is pennystock exempt on OTCMarkets and there is no more convertible debt coming as the per the latest 8k. CloudCommerce was Ranked Number 235th Fastest Growing Company in North America on Deloitte’s 2019 Technology Fast 500™.

Cloudcommerce Inc (OTCMKTS: CLWD) is a leading provider of digital advertising solutions. Its flagship solution, SWARM, analyzes a robust mix of audience data to help businesses find who to talk to, what to say to them, and how to market to them. We do this by applying advanced data science, behavioral science, artificial intelligence, and market research techniques to discover, develop and create custom audiences for highly targeted digital marketing campaigns. CloudCommerce was Ranked Number 235th Fastest Growing Company in North America on Deloitte’s 2019 Technology Fast 500™.

CLWD took off halfway through June after the Company announced it now expects 2020 full year revenue to exceed $14 million and net operating income to exceed $1 million. Management’s confidence to provide guidance was driven primarily by contracted revenue from its existing client base and new clients added within the last few months.

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CLWD

The Company also revealed that in spite of the fact that 2020 is a major year for elections, it does not have any political clients. All revenue in 2020 is expected to come from non-political, businesses and organizations. CLWD further announced that its improved financial performance will allow it to create greater shareholder value by continuing its efforts to reduce future equity dilution by retiring certain highly dilutive convertible notes.

On June 25 CLWD announced it signed a new client, Desert Mountain, to help them increase club membership and home sales. The agreement calls for a multi-phase approach beginning with audience data discovery and analysis, followed by creation of several custom ad concepts (both video and static) culminating with a highly targeted digital advertising strategy.

“Digital advertising is a multidisciplinary practice. We are seeing more and more customers coming to CloudCommerce because we are a ‘one-stop shop’ that can deliver audience data analytics, data-driven creative design, and fully managed campaign execution,” said Andrew Van Noy, CEO of CloudCommerce. “Our integrated solution of software and services is perfectly positioned to capture market share. We look forward to a very productive relationship with Desert Mountain.”

According to OTCMarkets CLWD is exempt from the definition of a Penny Stock under SEC under Rule 240.3a51-1 because it meets one of the following tests: 1) A price of over $5 per share, 2) the issuer has Average Revenue of at least $6 million for the last 3 years, or 3) the issuer has Net Tangible Assets in excess of $2 million if the issuer has been in continuous operations for at least 3 years or $5 million if less than 3 years.

$CLWD getting lots of attention on twitter

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Currently trading at a $5 million market valuation CLWD is an exciting story developing in small caps; the Company is a leading provider of digital advertising solutions. Its flagship solution, SWARM, analyzes a robust mix of audience data to help businesses find who to talk to, what to say to them, and how to market to them. CloudCommerce was Ranked Number 235th Fastest Growing Company in North America on Deloitte’s 2019 Technology Fast 500™. CLWD is already doing big numbers recently filing audited financials showing $3.2 million in sales for the 3 months ended March 31, 2020 and the Company is already projecting 2020 full year revenue to exceed $14 million and net operating income to exceed $1 million. CLWD is pennystock exempt on OTCMarkets and there is no more convertible debt coming as the per the latest 8k. CLWD currently has massive momentum, liquidity and a fast growing shareholder base bidding the stock higher. We will be updating on CLWD when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with CLWD.

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Disclosure: we hold no position in CLWD either long or short and we have not been compensated for this article

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