~ "Fear not the Dreamer in you, for it is only through your dreams, that your needs can take shape, and become reality" ~
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It is just a matter of losing money in one of it's departments - Cost of doing business! Happens in many Co's. that are structured this way.- The good news; Earnings are rising!!!
The quarterly report did not include consolidated financials for the acquisition of Texas -based digital marketing solutions provider Webtegrity, which was recently announced on November 17, 2017 .
The Company reported a net loss of 376,071 for the three months ended September 30, 2017 , compared to a net loss of $ 234,570 for the three months ended September 30, 2016 . The increased loss was primarily due to an operating loss in the Company's e-commerce division.
Thanks Cordova, Truth of the matter is; This isn't rocket science! This Co. is doing everything, step by step, to grow and be successful in a "Multi Billion Dollar Industry!" The fact that it is still under the radar is just a blessing to those of us who understand what is going on. The traders don't really care about fundamentals but, those of us who do, will eventually, be rewarded handsomely! The good news is, I don't thinK we will have to wait much longer! The closing of the recent acquisitions and up-listing to OTCQB will have a Transformational effect on the Co. and expose us to A new tier of investors and broaden our market exposure!!! - IMO - Just hang in there my friend!:)
Let's hope!!!
You are right "Red", the catalysts are there and as soon as the the acquisition closes with the "Active" group and the move to OTCQB is complete, we should catch the attention of a much broader tier of investors. And with the closing of our second Acquisition, hopefully in January, 2018, it should spark a Transformational change in the Co. and the price of the stock! I would think a $2 to $3 stock price is not out of the question! - This is just my opinion of course and remember, I am the Dreamer!!! LOL
Well "Sub" hard to figure out the ups & downs of this stock but, I still maintain that patience and steady accumulation will pay off here soon - In a Big way!!! - IMO
Wow, this is very encouraging - And - the fourth Qtr should be even better! - Looks like 2018 could be a real "Break-out" year for CloudCommerce Inc ! - Very Exciting!!!
Monday, December 11 2017 1:09 PM, EST CloudCommerce Reports 118% Increase in Revenue During the September 30 Quarter Over Same Quarter in 2016 Marketwire "Press Releases"
SANTA BARBARA, CA -- (Marketwired) -- 12/11/17 -- CloudCommerce, Inc. (OTCQB: CLWD), a leading provider of data driven solutions, today commented that the filing of its first quarterly report after its recent acquisition of Parscale Creative (renamed Parscale Digital), shows an increase in consolidated revenue of 118% over the previous year-over-year quarter.
Total revenue for the three months ended September 30, 2017 increased by $1,294,325 to $2,386,999 , compared to $1,092,674 for the three months ended September 30, 2016 . This increase in revenue was primarily due to adding two months results from the acquisition of Parscale Digital, acquired on August 1, 2017 .
Hey "Q" - Very nice job updating our RETC iHUB Website - It looks great! - "I didn't realize we had some new people join the Co! "
This is a great analysis "Papoon" and I agree with you 100%
Roger that, thanks for the warning! - Is their another small cap trader that you do like? I'm in two really good Co's. and I'm looking for a third.
Well that's cool !!! - LOL - anything worthwhile happening here?
Hey "FUBAR" judging from your handle here, it sounds like you could be a Viet Nam Vet. - Just guessing ( ? ) - I was there 66/67
I agree with you 100% "C" that is my plan as well. - In the meantime, if my DD comes up with anything good or bad, I'll share it with you here.
That might be a good idea "C" - We are coming into the Holliday Season and unless something transformational happens, the stock price could even drop a little. I'll keep an eye on it too.
Hi "C" - This Co. looks good to me on paper, but I'm still researching it! - To be honest, I'm only in it for 100 shrs just to keep an eye on it. - What are your thoughts about this Co? What do you like about it?
Hey "C" - It's not a good idea to talk about other Co's here. Will be glad to talk to you about that Co. on the other board. - Leave your msg for me there, Thanks
Yes, I live in the San Fernando Valley on the border of Burbank, CA. -The fires are N, W and South of me. I actually drove by the fire's on the 405 yesterday, on my way home from my meeting with Angelo. They were pretty much out but I could see the devastation!
And I did my little bit for the day!!! - So you are not alone "sub" - LOL
Sounds Good - LOL
That works for me too!:)
Well, my Celebration figure is $3 , so let's see where things stand at that time. It would be great if we could all get together, after what we have gone through!
You are very welcome Cordova. It was a pleasure to meet with Angelo and to talk about his vision for RETC. I'm glad my post up-lifted you and has given you a greater sense of confidence in our little Co.! - Hang in there, it's only a matter of time!
Good morning RETCer's, Just a quick update on my meeting with our CEO., Angelo Ponzetta yesterday. Inspite of all the fires in the area yesterday, we were able to meet at the Casa Del Mar Hotel in Santa Monica. It is a beautiful hotel with a view of the ocean to die for, with great food and very friendly service! I highly recommend it! - My impression of Angelo is that he is a true gentleman, rather humble in nature but with a sense of confidence that gives you the feeling that he knows exactly what he is doing! I quickly realized that he is a hardworking man with a clear vission and plan for making RETC a successful company! The key question I posed to him was about the closing of the acquisition of the Colorado based Active Fashion Group. He said that, in general, it takes about thirty to forty five days to complete an acquisition, and that he believed it would close before Christmas and that the most recent acquisition ( Loi ) should close sometime in January- Good news for us! - He also said that although the Convention got canceled, do to the fires, between yesterday and today, he will be able to meet with all the people and Co's that he was scheduled to meet with. Things are moving very quickly and they are meeting and talking with a lot of Co's about how the RETC technology can help their bottom line! - In short I went away with a great feeling of confidence and I hope that by sharing this , you will too!
Just for the record; This is a portion of the News Release that posted on E-TRADE today. As you can see, 12ReTech has now up-listed to ( OTCQB ) - Another big step forward!
12 ReTech Corporation Will Be Installing Its 12 Technology Suite At The Soybu Boutique At Dallas Love Field Airport In Connection With The Hudson Group.
12 ReTech Corporation Will Be Installing Its 12 Technology Suite At The Soybu Boutique At Dallas Love Field Airport In Connection With The Hudson Group. Carson City, NV & Hong Kong, Dec. 06, 2017 (GLOBE NEWSWIRE) -- 12 ReTech Corporation (OTCQB: RETC), announc ...
Kinda hard to have a plan B when a fire shuts everything down at the last minuet. He did say he was rescheduling meetings to meet with people and groups privately!
Hi "rw" - Angelo said that's a good idea- to thank you and that they were already thinking of doing that! - Things are probably pretty hectic right now so let's give it some time and see if they can get it posted! - Thanks
That's a good Idea "rw" - I'll ask him and let you know.
Hi Guys, just spoke to Angelo and unfortunately, the Convention has been canceled do to a new fire in the area! - However, there is still a chance I will be able to meet with him later today! - Will keep you posted!:)
Yep - The potential for growth here is Huge! - Just a matter of time!!!
I agree 100% ! The pieces of the puzzle are really starting fall into place. - Angelo and his teem are moving very quickly now and it is clear that something BIG is about to happen!!!
This is a great News Release "Q" - Another location for the product and a hint that the closing of the Acquisition of the "Active Fashion Group" is close at hand! - Thanks for sharing.
Well "Pa", I haven't been in this very long but I think you have summed it up pretty well. It is a buy and hold situation for now but, hopefully, not for much longer. - You were right, I didn't get much out of Andrew when I spoke to him a few weeks ago. However, I do have a reason to contact him next week and hopefully, he will tell me something worth sharing here. - Will let you know!
Hey dude, I don't know what rock you crawled out from under but, we have a real Co. here and we don't need any of your BS! - Take it somewhere else!
Simple answer "C"; More sellers than buyers at the moment!
~ "Great News" To start off the week! - Going to "OTCQB" - Another Acquisition worth an additional $20M in Annual Revenue - Adding a New prestiges, New York, PR firm for greater representation and exposure to investors! ~ Wow, . . . This is about to get very EXCITING!!! - IMO - "Hold on to your hat's pardner's ! " LOL
No rumors, just the last News Release - check it out.
This is great News "RSC" Thanks for sharing!
You are welcome. - By the way, "Rainmaker" is the best guy to talk too. He has the best handle on what is going on with this Co. - Good luck
The problem "Sub" is that you are only good at stating the obvious and spreading negativity! You seem to lack vision and have no respect for the vision of others! I look forward to you selling out of your position on the next big move up and posting your - Good-by - on the Hub, so that I can break out a cold one and celebrate your departure! - lol - P.S. - Please take "YB" with you!
That's a good question"R" - Unfortunately I don't have an answer for you. - This is a wait and see situation right now. The Co. is very light on news. They have a great website, check it out.
Good DD Red - Thanks!