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CLWD's last PR appeared on this particular website and thought I would post the link for anyone looking for articles directly related to the AI industry. Just click on the "NEWS" hyperlink.
https://aithority.com/technology/native-and-programmatic-advertising/cloudcommerce-uses-artificial-intelligence-to-deliver-winning-solution-for-energy-in-focus/
This article appeared in the "The Last Futurist" Pub. back on June 15th and it's just a take on one of the recent PR's, but I hi-lighted some of the non-pr points of references the writer of the article concludes which is kind of interesting.
https://lastfuturist.com/aiadvertising-is-surging-why-buy-clwd-this-summer/
Cloud Commerce is going through a transition due to the Google Chrome cookie apocalypse in digital marketing. It’s pivoting its suite more to artificial intelligence based personas that can fuel growth for SMEs (Small and mid-size enterprises) via its SWARM product.
It’s leaning in hard to AI in its recent PR.
Artificial Intelligence Is a $5.9 Trillion TAM
McKinsey Global Institute estimates up to a $5.9 trillion annual impact of AI and other analytics on marketing and sales.
PwC sees a truly global effect from AI, with an estimated 14 percent lift in global GDP possible by 2030, a total contribution of $15.7 trillion to the world economy, thanks to both increased productivity and increased consumption.
In 2021 alone, Gartner projects AI augmentation will create $2.9 trillion of business value, and 6.2 billion hours of worker productivity globally.
IDC states that efficiencies driven by AI in CRM could increase global revenues by $1.1 trillion this year, and ultimately lead to more than 800,000 net new jobs, surpassing those lost to automation.
The COVID-19 pandemic has accelerated AI-powered digital transformation across businesses. Additional research from McKinsey cites that 25 percent of almost 2,400 business leaders surveyed said they increased AI adoption due to the pandemic.
Cloud Commerce, San Antonio and Utah based, has learned a lot during the pandemic about the next era of advertising. At the time of writing today, it’s up 17%.
Is SWARM any good? The company’s AI-driven advertising solution will now include programmatic audio ads reaching over 170 million consumers each month provided by Audacy, Inc. Audio is a great way to reach more customers and clients.
Cloud Commerce is changing its name to AIAdvertising and 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. They 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.
The truth is SWARM is an AI-human hybrid tool. Clearly this requires a lot of human input. You can visit their website here.
In the last 6 months, the stock is up 146%.
It peaked most recently at $0.17
Current price is closer to $0.025
With penny stocks in a bear market since late February, micro cap stocks are beaten down quite a bit. This positions $CLWD as undervalued relative to its YOY revenue growth and trajectory in Ad personalization for SMEs. Its mix of personas and AI technology is really interesting.
They have worked hard to fine tune their Ad targeting. Their unique method measures every conversion in the funnel, engaging relevant consumers with the right content at the right time. So with the company you are betting on the evolution of Ad-personalization stimulated by machine intelligence.
As the cookie apocalypse decimates many Ad related companies not named Google, we think AIAdvertising will not only survive but thrive. This means more clients will actively need their services. They have had quite a pipeline of case studies and success stories that leads us to believe they know what they are doing.
During the last decade, the digital advertising industry has made considerable progress developing tools to reach prospects. However, progress in identifying the prospects — the targets — has been slow and a significant amount of the ad spend is wasted. Retailers and SMEs know a thing or two about wasting Ad spend on Facebook or Google.
AIAdvertising will probably be able to reduce Ad spend while increasing ROI (return on investment). If it cannot achieve this goal for clients, the company will likely not survive. The recovery of 2021 is key for it to establish itself as a next tier company and we think the renewed focus on AI can enable it to do so.
CloudCommerce has been providing digital marketing and analytics solutions since 1999, so it’s not a technology startup per se. Their goal re-imagines the future of advertising in which their goal is to create inter-platform workflows whereby the output from one is the input to another. They are looking to consolidate multiple disciplines and vendor partners into one simple, elegant, end to end solution. It’s not clear if in 2022 they will be able to execute this strategy.
However relative to the price risk, we think investing in AIAdvertising has a significant upside below $0.03. Our price analysis suggests a stock price of $0.18 in 2022. This is not financial advice, just our private opinion on this company. Soon Cloud Commerce will be no more. Welcome AIAdvertising Inc.
AIAdvertising really is a persona automation company that moves beyond A/B testing. Think of it this way: SWARM
Will automate and integrate the processes of data
Persona creation
Predictive creative omni-channel activation
Measurement that will connect the action that leads to increased sales (or commerce).
We think SWARM doesn’t have to get it all right, just to add enough value to scale AIAdvertising’s client base. It’s not actually hard to show greater ROI than Facebook Ads or Google Ads that are, for the most part, very wasteful for SMEs and smaller business clients and public organizations.
"All said, we still have an investor who believes this will be at .10 sooner or later, since they are professionals with more knowledge than I have, my money is on them."
It's definitely is an intriguing point of reference, my friend.
https://www.otcmarkets.com/filing/html?id=14728574&guid=jcqUkpbg22StZth
This individuals professional background is at the CTO (Chief Technical Officer) level. He also served as a Member of the CLWD Board of Directors for a couple years through July of 2017.
https://www.investopedia.com/terms/c/chief-technology-officer.asp
Considering his educational background and his professional career related experience his understanding of technical references such as artificial intelligence, machine learning, natural language processing, predictive algorithms etc. and how it applies to the intricacies of the SWARM Platform would be more deep-seated since he would have been directly involved with the company during the early development stages of the technology.
The intrigue involving the (SC 13G form), which is what you point out, relates to the (February 3, 2021 "date of Event" Which Requires Filing of this Statement) which confirmed an individual investor on that date purchased an amount of CLWD common stock shares taking them over the 5% threshold. On that particular date CLWD traded in the .08-.089 range.
?
I utilize, like many other investors, the otcmarkets.com website to keep track of share totals for those OTC equities I have positions in.
https://www.otcmarkets.com/stock/CNGT/security
It was updated Friday and just wanted to share the information with the CNGT share holders.
The share structure for CNGT is a thing of beauty compared to most OTC companies. Dilution (in the negative sense) doesn't apply to this equity at this particular stage. I understand the 2M increase which should be expected as the reorganization takes shape. It should also be understood that it's important for companies at this level to recognize opportunity and proceed accordingly in order to take advantage in an efficient manner the accomplishment of longer term objectives. A targeted acquisition/merger through a common stock equity offering is a very viable option for CNGT taking into consideration their current share structure. Like most investors I see the potential for significant upside as it correlates to future revenue growth reflected in the financials once the deal is finalized and restructuring is completed.
I appreciate all your questions and the contributions of the many CNGT investors that post information regularly that make the lines less blurred as we all try and connect the dots that hopefully lead us down the path to greater share holder value.
2M added to the unrestricted share count.
I would prefer to experience more of a gradual ascent like we've been witnessing (up 15% for the week of 5/24--up 22% for the week of 6/1) for an extended period prior to any type of parabolic movement. Hopefully, we'll be presented with news in the future that's more substantive in order to make the move more pronounced when the large share holders are ready to stimulate the heavy uptick in volume that will be needed.
Get the feeling the share price movement should be very entertaining today.
One aspect to keep in mind is the downward trend wasn't an isolated incident just relative to CLWD. I made reference to this fact in the first few paragraphs in a post I submitted back on April 25th--(Post #27402). The entire OTC market was affected and if you look at any OTC equity during the weeks of February 8th and 16th you'll see the majority will have hit their 52 week high. Corresponding with a three plus month gradual short selling drawdown. It became a broken record with shorts overwhelming the buyers (bid price) of the stock by selling short, large number of shares, to drive the share price down eliminating the buyers at that given time. Now with the reversal starting to occur the complexion of level II has changed significantly.
I beg your pardon Aussiekevin, but you did fall in love with this stock when it popped back in January.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=160859048
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=160901801
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=160941566
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=161111244
"How about CLOSE A FRICKIN DEAL"
Truly... that way you can stop embarrassing yourself.
This is the OTC where there's degrees of measured risk with every equity and the way you overaccentuate this obvious fact makes you look rather foolish.
Some Clarification.
Current Outstanding/Share total:
984,952,653
https://www.otcmarkets.com/stock/CLWD/security
Which corresponds with the anticipated O/S total increase stated in the 424B5 disclosure form dated 3/8/2021 on page S-2 to 973,639,276 as part of the Securities Purchase Agreement Direct Offering with the Institutional Investor which raised capital totaling $8,500,493 in net proceeds.
https://www.otcmarkets.com/filing/conv_pdf?id=14782757&guid=L4CnUno1-l8WIth
In the last 10Q on page 40 management states the following:
"The Company’s current cash is sufficient to sustain the Company’s operations for approximately 150 days without additional borrowings. To satisfy cash needs, the Company relies on various borrowing mechanisms to fund operations and service debt, as discussed above. We believe that, through our borrowing arrangements, we will have 12 months of cash available."
https://www.otcmarkets.com/filing/conv_pdf?id=14958780&guid=1mCnUWgmditTSth
Other additional share counts added to the O/S total to be anticipated for the year would represent the employee options to be incrementally distributed over the next several years which was also stated in disclosures posted by the company at the beginning of the year.
The company has always been very transparent anytime they've added to the O/S total by releasing disclosures identifying the actions.
The skilled investor/trader will always appreciate such information being made available in order to better formulate their direction moving forward as opposed to the individual who speculates randomly without doing the necessary DD and as a result chooses to take every opportunity to blame external sources instead of trying to improve upon the exercising/development of their own investment skills/strategies.
You're absolutely correct. Throughout the history of the markets, immediate parabolic ascension is based more on the idea of something as opposed to the actual future results.
I anticipate the 10Q being released sometime today. Over the last year since I've been invested when the 45th day fell on the weekend they've posted the financials the Friday before. Last year, the first quarter earnings were released around 12:30pm Eastern time and the proceeding quarterlies for the year sometime after the bell.
Last quarter--4th QTR revenues came in at 1,722,474. Hopefully the 1st QTR revenue numbers show some traction related to the company news released over the preceding months.
Why are you still invested in this particular equity?
Yes... good strategic move on their part to compliment the existing SWARM service platform.
Weekend bargain hunters' picking up shares as the market opened this morning. It will be an interesting week of trading as the projected deadline date approaches.
As distorted as this may sound... in Greg Boden and Andrew Van Noy's mind they were instrumental in having some direct effect in putting the company in the position of experiencing a share price appreciation of 5,400% over a 4 month period of time for any investor to benefit from to some degree... September 4th intraday low of .0034/January 13th intraday high of .1830.
You strike me as a savvy investor. I'm sure you set your personal feelings aside and evaluated this equity purely from an investment (buy low/sell high) standpoint. Consequently, making a nice profit in the process during that timeframe.
"The Boden"... Ghost of investments past. He keeps Jose up at nights.
Nice call on your share price prediction.
Thought I’d take some time to reflect upon some of the latest posts, PR’s and disclosures the CLWD IHUB members/company have submitted recently.
It was encouraging to see three straight trading days to close the week where buys out-numbered sells. That hasn’t happened in what seems like a very long time.
I remember reading an article back in January regarding the WSB’s--GameStop and AMC situation that dealt specifically with the Hedge Fund—Point72 which is run by Steve Cohen who is also the N.Y. Mets owner and whose fund had a large investment in Melvin Capital Management which had a large bet (short position) against GameStop. Anyone following investment news knows what ended up playing out with Melvin Capital experiencing significant losses.
Also in the article, it mentioned that Cohen and Ken Griffin, founder of Citadel (Citadel Hedge Fund and Citadel Securities an electronic Market Maker) were teaming up to invest 2.75B in Melvin Capital in order to bail out its founder Gabe Plotkin, who started his career at Citadel.
When I read the article, I couldn’t help but wonder which investment market entities were going to end up paying the price for the WSB’s GameStop and AMC fiasco because we all know the larger financial conglomerates always win in the end. We also know hindsight is 20/20 and beginning in early February Hedge Funds took a massive interest in OTC securities and as a result during the weeks of February 8th and 16th across the board most OTC equities hit their 52-week highs. Since then, all OTC stocks have been participants in the massive drawdown as the Hedge Funds sold into the momentum coinciding with rotational short positions over the last couple months.
The direct effect in Clwd’s case, resulted in them being in the position of having to adjust the Securities Purchase Agreement with the Institutional Investor from .07 on February 16th to .0454 on March 8th with 28,571,421 common warrants added in order to obtain the 10M in capital funding.
It’s encouraging to see in the last few PR’s the mention of working with new potential clients which should carry over into some contractual agreements resulting in steady incremental revenue growth moving forward. The fact their 2020 4th quarter revenues were down could be directly tied to the transitional phase taking place with the incorporation of Artificial Intelligence into the SWARM Tech Stack transforming it to the point of making the offering available on a test/trial basis to even existing clientele. It’s worth noting a year ago, 1st Qtr revenues were up over 35% from the previous fourth quarter numbers. One would surmise there should be some increase from the previous quarter since many of their articles over the last six months have recognized usage and measurable improvement for both current and existing clients. In the software industry trial periods typically can run anywhere from one to two months.
It was nice to get confirmation in the last article related to the development of SWARM into a fully functional SaaS platform. The advantage CLWD has in regard to a shorter time frame developing full SaaS has to do with the fact they have already developed a (Minimum Viable Product (MVP) in SWARM. Consequently, the average 3–10-month time frame will be significantly reduced. With the share price appreciation in January/February it created a nice opportunity to take advantage of procuring 10M in additional capital through a (SPA) Securities Purchase Agreement with an Institutional Investor which is significantly better than the last couple years when the share price was well below a penny and all that was feasibly available was the dreaded convertible promissory note where hundreds of millions of shares were sacrificed for less than a million dollars worth of funding. Like Andrew Van Noy touched on in the article the amount of capital raised will be plenty to bring SWARM to full SaaS. The development of an (MVP) product into full SaaS at the most should cost under half a million dollars.
I wasn’t surprised to see the Authorized/Share total increased. I figured at some point in the near term based on the disclosures they’ve released specifically dealing with the conversion/exercising of outstanding warrants, common stock options and convertible preferred stock it was going to have to happen sooner rather than later. One of the most critical areas of SaaS development is having skilled staff on board. The highly skilled software engineers are only needed for the most critical stages of the development and are contracted out for the necessary time it takes to complete that particular phase of the project but you’re still going to need staff on hand for the on-going maintenance that will be required once the full SaaS is completed. Trying to recruit the best and the brightest (“TALENT” as Andrew Van Noy referred to in the article) within the Tech Sector is an extreme challenge for a small company and one of the determining factors that can be utilized to land a key hire can be in the form of an attractive employee stock option package.
Also in the article, it refers to possible acquisitions and/or licensing partners which at this stage of their development would be very advantageous. The potential impact of what they’ve been able to develop I would think has certainly raised a lot of attention in their direction. Other Tech entities that have viable products/services complimentary to the existing SWARM platform should be pursued and when incorporated or acquired could ultimately lead to faster organic revenue growth going forward. This should be taken advantage of and the flexibility of additional A/S as a resource can help secure the necessary non-toxic raising of capital through a (SPA) and/or a company common stock equity offering to the owners of a targeted acquisition in order to speed up the accomplishment of longer term objectives.
When you factor in the current 10M annual revenue base with a current price-to-sales ratio of 2.5; 10M in capital to be used in part to develop SWARM into a fully functioning AI driven software-as-a-service (SaaS) platform; new clients across multiple industries over the last six months witnessing the AI-driven SWARM platform exceeding their expectations with the end result being the potential of cutting their advertising campaign costs by as much as 50 percent; the incorporation of AI into SWARM has led to the development of “personas” which were designed specifically to replace Third-party cookies and not only are personas more effective at targeting an audience but their more capable in ensuring a user's privacy; the potential of significant organic revenue growth increase through the signing of new clients after trial periods as well as through acquisitions and licensing partnerships... there’s definitely an abundance of potential catalysts that can play out over the course of the year to create upward share price movement.
NEWS:
CloudCommerce Rapidly Transforming into a Tech Company
More content below
CloudCommerce, Inc.
Tue, April 20, 2021, 12:01 AM
More content below
CLWD
-19.92%
The recent infusion of additional capital allows the Company to acquire, license and internally develop the technology needed to transform its AI-driven SWARM solution into a fully functioning, AI-driven software as a service (SaaS) platform
SAN ANTONIO, April 20, 2021 (GLOBE NEWSWIRE) -- CloudCommerce, Inc. (CLWD), a technology driven provider of digital advertising solutions, today announced that its recent infusion of additional capital allows the Company to acquire, license and internally develop the technology needed to transform its AI-driven SWARM solution into a fully functioning, AI-driven software as a service (SaaS) platform.
“We are rapidly transforming our business from a traditional advertising agency services provider into a true technology driven company,” said Andrew Van Noy, CloudCommerce CEO. “While we are extremely pleased that our SWARM solution continues to deliver advertising results beyond client expectations, our dream was always to develop SWARM into a fully functioning software as a service (SaaS) platform. Our recent infusion of additional capital allows us to begin the process of turning that dream into a reality.”
Successful B2B companies like Salesforce, Snowflake and Square use the SaaS model to sell software to other businesses as a service. These cloud-based services help organizations run more efficiently or automate internal functions. Many businesses rely on these services to optimize their marketing, sales, customer service, and operations efforts. Once established in the marketplace, SaaS companies usually benefit from exceptionally high gross profit margins.
“Our AI-driven SWARM solution struck a raw nerve in the advertising industry,” Mr. Van Noy continued. “Today, more than half of all advertising dollars spent in the U.S. are spent on digital forms of advertising. As a result, successful campaigns must be data driven. However, waste and inefficiency still persist. To reduce advertising costs by as much as 50%, we use SWARM to build custom audiences for highly targeted digital marketing campaigns.”
Mr. Van Noy concluded,” Our plan is to use the agency services side of our business to continue offering our SWARM solution to major brands, while at the same time developing SWARM into an AI-driven SaaS platform. We are aggressively searching for acquisitions, licensing partners and talent that can help us achieve this goal. Our pending corporate name change to AiAdvertising, Inc., will help make our intentions clear.”
For more information about AiAdvertising, please visit the Company’s new website at www.AiAdvertising.com.
About CloudCommerce
CloudCommerce is a technology driven provider of digital advertising solutions. Our 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. For more information about the Company, please visit www.CloudCommerce.com.
Forward-Looking Statements
This press release may contain “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements are included in our filings with the Securities and Exchange Commission, including the “Risk Factors” section of our annual report on Form 10-K for the year ended December 31, 2019. Any forward-looking statement made by us in this release is based only on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.
Press Contact:
CloudCommerce, Inc.
Tel: (800) 673-0927
communications@cloudcommerce.com
https://finance.yahoo.com/news/cloudcommerce-rapidly-transforming-tech-company-070100556.html
Activity similar in occurrence is very common in the OTC Markets. One of the most difficult aspects related to the OTC is the inevitable drawdown after a run has happened. It can go on for months and the MM's orchestration can be masterful with every trick in the book applied. Nothing new.
Here is a link to submit a tip.
https://www.sec.gov/tcr
There's a lot to be said for the old investment adage of "buy low, sell high."
The more skilled you are at it makes a person less apt to blame external sources for their demise based on their own poor decision making.
Reality dictates...
Everything in your post you will never have any control over.
What you could have controlled over the last 8 months would have been the opportunity to accumulate CLWD shares in the .0014 to .0020 range and on two occasions (January 13th and February 10th) have sold them in the .18 range for a 10,000% gain.
Each individual investor has to do their own analysis and risk assessment when it comes to taking a position in an equity. So, I can only speak for myself.
When I started my position approximately ten months ago I was able to pick up a million shares at a time for 1,600 dollars and 80% of my CLWD holdings reflect that .0016 average. Over the first two months of being invested the share price reach intraday highs of .0163 both on July 6th and August 10th which on paper represented a 1,000% gain.
Over the next five months, leading up to the January 7th run, CLWD experienced the normal settling in at an average price range representative of a higher low signified by low volume days which normally follows a parabolic spike when heavy volume takes place over a short period of time.
What we're experiencing now since the last run is very similar in nature. The benefit of the last run has resulted in the attracted attention of many more investors and as a result the average daily volume is much higher which should decrease the time in-between potential runs. In fact, since January 7th, the float will have traded 3X's over within the next week or two.
In my view this is still a sound investment. I have no false illusion when it comes to the OTC markets and the moves management makes in order to benefit their own personal financial positions. But when taking that aspect into account, at this particular point in time with this particular holding, I view the added risk effecting future runs being low to moderate.
The current OTC arena fundamental measurements are too appealing to the unbiased objective investor when viewing CLWD’s 9.7M annual revenue total with current share structure and share price reflecting a multiple of (3.5).
The information the company has put out creates many potential catalysts over the remainder of 2021. Keep in mind one constant that has always been reflected over the course of history in the markets and never more obvious than the Dot.Com bubble that took place from 1995-2000, when so many fledgling companies share prices hit astronomical levels without any revenues being generated, is the basis centered solely around what the future might hold which the majority of the time always present share prices at their lowest entry levels. Emerging market trends are always driven based on the “idea of something” as opposed to eventual actual results.
Questions investors might ask themselves regarding CLWD:
Is the creation of personas going to be a real viable alternative to targeting an audience once the elimination of third-party cookies takes hold?
Has their development of SWARM over the last couple years through addition and refinement of advanced data science, behavioral science and artificial intelligence truly created a tool that will cut advertising costs on average by 50% that produces the most effective digital marketing campaigns?
Does CLWD really have to be the next “Big Thing” within its space to be a successful investment in a portfolio over the course of time, when considering the growth rate of the industry they serve with a projected market range of 500B to 1T, or will a proportionate market share equal to its peers be enough?
Again, every investor owes it to "themselves" to do a thorough job of evaluating the pros and cons when it comes to making any "individual" investment decision.
I echo those sentiments. His thoroughness is second to none. I started a respectable position over the last three days and look forward to what might unfold over the course of the calendar year. A part of me feels obligated to pay Sello a finder's fee for all the clear and concise information he lays out as he turns over every stone.
News Story
March 30, 2021 - 10:25 am
New clients putting the Company's AI-driven SWARM platform to a real-world test represent such diverse industries as mortgage lending, solar panel installations and heavy equipment rental.
SAN ANTONIO, March 30, 2021 (GLOBE NEWSWIRE) -- CloudCommerce, Inc. (CLWD), a leading provider of digital advertising solutions, today announced that its AI-driven SWARM platform is onboarding new clients across multiple industries, such as mortgage lending, solar panel installations and heavy equipment rental.
"We shall soon see if SWARM has met its match," said Andrew Van Noy, CEO of CloudCommerce. "During the last six months, our AI-driven SWARM platform has exceeded expectations for every single new client. However, we have never onboarded a diverse group of businesses at the same time under the same economic conditions. This will be an important test for SWARM. Our goal is to potentially reduce the cost of each test advertising campaign by as much as 50%."
"Based on our past experience, we expect SWARM to win each and every battle," Mr. Van Noy continued. "Machines are simply smarter than humans. 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."
Mr. Van Noy concluded, "I am reminded of the great human vs. computer battles. In the early tournaments, humans won more games. However, computer programs have been able to beat the best human chess players ever since IBM's Deep Blue supercomputer defeated Gary Kasparov on May 12, 1997. Why should it be any different in the world of digital advertising? The diverse factors that determine a successful advertising campaign outcome are more than can be comprehended or even analyzed by the human mind. We expect our AI-driven SWARM platform to win every single time it is deployed."
For more information about AiAdvertising, please visit the Company's new website at www.AiAdvertising.com.
About CloudCommerce
CloudCommerce is a leading provider of digital advertising solutions. Our 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. For more information about the Company, please visit www.CloudCommerce.com.
Forward-Looking Statements
This press release may contain "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements are included in our filings with the Securities and Exchange Commission, including the "Risk Factors" section of our annual report on Form 10-K for the year ended December 31, 2019. Any forward-looking statement made by us in this release is based only on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.
Press Contact:
CloudCommerce, Inc.
Tel: (800) 673-0927
communications@cloudcommerce.com
OTC Link ECN (electronic communications network) functions as a matching engine and router for certain OTC securities. OTC Link ECN compliments OTC Link ATS (alternative trading system) by providing FINRA registered broker-dealer subscribers with anonymous order matching functionality. OTC Link ECN acts as an agency intermediary in relation to all transactions executed on the ECN’s platform.
When orders do not match internally on OTC Link ECN’s matching engine, they are routed to an interdealer quotation system where they may appear as quotes using the market participant identifier “OTCX”.
Pursuant to applicable FINRA (Financial Industry Regulatory Authority) rules, OTC Link ECN submits trade reports to FINRA’s OTC 10 Reporting Facility. All transactions executed on OTC Link ECN are cleared and settled pursuant to a clearing agreement with Apex Clearing Corporation.
Particularly on a significantly low volume day (only 3.1M) with the VWAP at .0395.
Hey Zuper8,
Great questions, my friend.
Only a majority Board approval is required by either written consent or via a "Board Meeting" when it comes to the issuance of a security whether it be common stock, preferred stock (in this case Dual-Class Series H), a warrant, an option or a note that is convertible into some type of stock.
The primary thought that comes to my mind at this point in time based on all the information the company has made public either through press releases or disclosures would relate to safeguarding against a takeover attempt.
If you take into consideration the last two PR's that identify the elimination of "Third-party cookies" and overall impact it truly represents factored in with a real alternative solution created by CLWD through the incorporation of AI into the SWARM platform creating “personas” which are much more efficient in targeting audiences, then you see a company that could be vulnerable at this point in time.
One of the biggest fears of private investors particularly in Tech Companies that have developed unique software applications, is the real possibility after the company has gone public is the effects of a market downturn and takeover moves being initiated that leads to the company being acquired at a low price. That's why private investors encourage CFO's to move into a dual-class structure with preferred stock issuances. Directors and management that have been with a company for extended periods have a longer term vision and they can be very protective in seeing that vision through.
SPR's (Stock Purchase Agreements) can be tricky particularly for an OTC company. Unfortunately, the lending institution has most of the say. I really think it was a combination of factors that led to the adjustment in share price. One being just bad timing with overall negative sentiment in the markets that are still reflective today driving down stock prices across the board particularly in the Tech Sector. Secondly, SPR's are very prone to scrutiny between the time when the parties sign the agreement and the time of closing especially if there's an infraction in the covenants section which includes a long list of measures that need to occur during that time by both entities including certain actions that are also considered to be prohibited.
I personally believe the SPR has closed by now and it isn't uncommon for a Financial Institution who has entered into the agreement to continue to accumulate shares in the open market at or below the agreed upon price.
With volume being so low reflection of share price is very insignificant at this point. We're at the last stage which represents those small retail investors that bought in at the peak of the last parabolic move becoming overly frustrated and moving on.
The Market Makers are biding their time and securing inventories of this particular equity and when they're ready to move CLWD it will be even more impressive than the last time.
Well would you look at that... South Dakota recently figured out how to post a picture to a message.
Sorry to inform you your new technological toy capability has been around for decades so excuse me if I don't take your assessment of the CLWD technology seriously.
Interesting 8K disclosure regarding the dual-class series H shares issuance to the CEO giving him 51% voting power.
I know management of companies do this as a line of defense to safeguard against getting acquired at too low of a price that could lead to takeover developments.
Could some outside entity be expressing interest in acquiring them as a result of the technology they've developed?
CERTIFICATE OF DESIGNATIONS FOR SERIES C PREFERRED STOCK
BEYOND COMMERCE, INC.
Notices. The holders of shares of Series C Preferred Stock are entitled to the same rights as the holders of Common Stock with respect to rights to receive notices, reports and audited accounts from the Company and with respect to attending stockholder meetings.
H.Beneficial Ownership Limitation. Notwithstanding any other provision, at no time may the Corporation issue shares of Common Stock to Holder which, when aggregated with all other shares of Common Stock then deemed beneficially owned by Holder, would result in Holder owning more than 4.99% of all Common Stock outstanding immediately after giving effect to such issuance, as determined in accordance with Section 13(d) of the Exchange Act and the rules and regulations promulgated thereunder; provided, however, that Holder may increase or
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have increased such amount to 9.99% (but in no event exceeding 9.99% at any one time) upon not less than 61 days’ prior notice to the Corporation. To the extent that any conversion would otherwise result in exceeding the beneficial ownership limitation set forth in the preceding sentence, the Conversion Notice will specify the number of shares that may be delivered without exceeding the limitation, and any issuance beyond such extent will be held in abeyance until such time as it would not result in Holder exceeding the beneficial ownership limitation. No provision of this paragraph may be waived by Holder or the Corporation.
The only meaningful occurrence that matters is when the large holders of this equity decide it's time to take it higher.
The "Securities Purchase Agreement" with the institutional investor was adjusted to 240M shares with the price of .0454 instead of 211M at .07. Obviously it has closed since the last disclosure update. Exemplified by the unwavering support level over the last ten trading days. News at this point is inconsequential as demonstrated by the 10K. The low volume indicates the bulk of the shares are held now in the folds of deeper pocket investors and they'll continue to accumulate the handful of shares being relinquished by the impatient small retail investor each day. It's very common for a large institutional investor who has such a large stake in an equity to continue to accumulate shares at or near the levels of the agreed upon share price which lends plenty of support.
The institutional investor obviously liked what CLWD management outlined going forward in the provided information as part of the vetting process which would have been heavily geared towards organic growth moving forward over 2021 and beyond.
Institutional investors do not invest for the short term. What they do is prey on the impatience of the small retail investor through slow accumulation periods. It's a common theme that has always been a part of the markets throughout its history.
The point he's making has to do with the fact when companies at this level develop a new technology in many cases they'll offer it to a potential client on a short term trial basis without charging.
10K Notes:
2020 revenues--9,738,138 compared to 2019--8,978,888 8.5% increase.
2020 net loss--1,270,650 compared to 2019--10,123,380
Reduction in staff of 18 positions with reference in the "salaries and outside services" section of additional payments to contractors can be directly related to the development of the SaaS/cloud based software technology platform.
I know investors are disappointed in the overall quarterly revenue number but it pays to bear in mind that when you look at the breakout of the 2020 years revenue numbers there was a 58% increase in their primary service of "Digital Advertising"
2020--$6,085,038 compared to 2019--$3,830,131
When you factor in the stated direction the company has taken in 2021 with the AI.Advertising venture and the development of personas the ideal solution to (replacing cookies) but also it serves to provide an anonymized view of the ideal customer which will then be used to influence the creative process which all ties into their core service of Digital Advertising and 58% growth in one year is very impressive.
Also, it's worth keeping in mind that at it current share price it's still trading at a multiple of (5). Still the most undervalued company in the OTC.
Just the Market Makers shaking of the equity tree. Looking for barely hanging shares ready to fall into stronger hands with the ever occasional but timely head-fake to engage fear like you witnessed this pre-market followed by the proverbial drop and recover mode to influence the impatient short term holder for the rest of the trading day. Nothing new.
Just biding my time waiting on that next 100-1000% gain sequence over the period of a few days and the settling in at a substantially higher low until it happens again. And... it will happen again... and again... and again. Well... you get my point.