long term penny stocks

[cloudcommerce]

CLWD Total Revenue up More Than 300%

Total revenue for the nine months ended March 31, 2016 increased by $1,239,978 to $1,628,612, compared to $388,634 for the nine months ended March 31, 2015. This approximate 319% increase was primarily due to the acquisition of Indaba.

The consolidated net loss for the three months ended March 31, 2016 was $791,115, compared to the consolidated net loss of $1,314,769 for the three months ended March 31, 2015. The decrease in net loss for the period was primarily due to the discontinuance of derivative accounting, partially offset by interest expense and additional operating costs of Indaba.

Full press release here: http://finance.yahoo.com/news/cloudcommerce-reports-substantial-increase-revenues-070000516.html