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Tuesday, November 29, 2022

Cloudweb Inc (OTCMKTS: CLOW) Major Reversal Northbound as Company Launches 3 Beta Cloud-Based Business Solutions (SmartBizCompany.com/video and /chat and /meet)

Cloudweb Inc (OTCMKTS: CLOW) is making an explosive move up the charts since reversing off $0.45 lows on Monday after the Company filed an 8k stating: “it is launching three beta cloud-based business solutions: 

  • SmartBizCompany.com/video, a cloud-based video editing software which allows for the creation of short marketing-centric videos in just a few minutes.  
  • SmartbizCompany.com/chat, a cloud-based chat bot that would allow small-medium enterprises to fully engage their customers.  
  • SmartbizCompany.com/meet, a cloud-based video conferencing solution that can be used for telemedicine and to host online meetings. 

Under the “SmartBiz” branding, the registrant intends to develop and launch additional cloud-based platforms that can better serve businesses, especially those that have pivoted to a greater online presence following the global pandemic. 


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Cloudweb Inc (OTCMKTS: CLOW) operating out of Mountain View, California is currently exploring different options of further developing and marketing its web hosting and data storage services Hostwizer.com, W8hosting.com, and JeyCloud.com. This includes plans to make hosting available for free while being supported by advertiser content. The Company will also look into white labeling its services to allow other brands to use its platforms for their own needs. 

CLOW history: Cloudweb, Inc. was originally incorporated on May 25, 2014 under the name “Formigli, Inc.” with the intent to sell custom road bikes hand-crafted by Renzo Formigli. About 18 months later, the Company’s President at the time (Amy Chaffe) restructured the company and renamed it to “Cloudweb, Inc.” and on January 28, 2016, the company entered into a Share Exchange Agreement with Liao Zhi De to acquire Data Cloud, Inc. Through its acquisition of Data Cloud, Inc., the company previously owned Web Hosting Solutions Ltd., a UK-based web hosting solutions provider managed by an individual named James Holland that never amounted to a lucrative business. On April 1, 2017, the company transferred Data Cloud, Inc. and its Web Hosting Solutions, Ltd. subsidiary to a third party for nominal consideration. Since that time, it does not appear that Cloudweb has conducted any meaningful business operations. 

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We previously covered the Company stating in a 2018 article on CLOW: “Cloudweb Inc (OTCMKTS: CLOW) has been running up the charts in recent weeks from a start point of well under $0.30 to recent highs over $3 per share. The stock has also transformed into a volume leader with dollar volume nearing $1m traded per day. CLOW is the old pick from Godzilla promoter Elite Penny Stock Group which operated the websites Finestpennystocks.com, Smartstockchoices.com, Bestamericanstocks.com and Elitepennystock.com, and mysoaringpennystocks.com. 

On October 31 CLOW filed an 8k stating: “The registrant reports that it is launching three beta cloud-based business solutions: 

  • SmartBizCompany.com/video, a cloud-based video editing software which allows for the creation of short marketing-centric videos in just a few minutes.
  • SmartbizCompany.com/chat, a cloud-based chat bot that would allow small-medium enterprises to fully engage their customers.
  • SmartbizCompany.com/meet, a cloud-based video conferencing solution that can be used for telemedicine and to host online meetings. 

Under the “SmartBiz” branding, the registrant intends to develop and launch additional cloud-based platforms that can better serve businesses, especially those that have pivoted to a greater online presence following the global pandemic. 

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Currently trading at a $16 million market valuation CLOW OS is 27,819,385 however most of these shares are restricted and the public float is around 2.5 million shares. CLOW is an SEC filer with little assets or revenues and virtually no debt. After the Elite Penny Stock promotion, the Company initiated a 200 for 1 reverse split and went to caveat emptor on OTCMarkets. Since than management has done a lot to clean things up, including becoming an SEC filer and going “pink current” Now that the Company has put out news that it is launching three beta cloud-based business solutions, and the stock is moving northbound since reversing off $0.45 penny stock speculators are once again accumulating. We will be updating on CLOW when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with CLOW.

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

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