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Chuck, I can certainly understand the level of frustration you express on this board on a daily basis due to your lack of communication skills. Oh, and for the record a one-man mobile hot dog cart doesn't really count as a business.
Well then, if times not the issue... just sit back, relax and enjoy the ride and kick that fit of anxiousness to the curb. Your intellect has obviously led you to this holding and thanks to the individual who maintains the board (Sello) factual comprehensive information related to the company has been laid out in a very favorable format so current and potential investors have the opportunity to assess/evaluate, in making what they hope to be a sound investment decision. I would hope you fall into the category of most on this board, with the exclusion of a couple, whose emotional IQ is high enough to except your fate no matter what direction the stock takes knowing no one literally forced you to take a position and not blame external sources for your demise. Heck, even Jose from South Dakota also known in these parts as the "Santa Barbara Magnet/Magnat" has a long position. If that doesn't instill confidence in you I don't know what will!
Sounds to me like your more "concerned" about having to possibly hold on to your position longer than you initially intended.
Like I've stated the catalyst is already in place to get to .01--reporting inline revenues for qtr 3 based on projections and fair market valuation will accomplish this objective and judging by the last 9 trading days the Market Maker's average price inventories for this particular holding is dictating upward momentum. The "cheapies" (I use this word in memory of Jose & Chuck's fondness for the term) at this point are gone.
Following the bread crumbs the size of loaves:
Adding to their existing platform with the roll out of SWARM in July of 2019:
https://www.accesswire.com/552619/CloudCommerce-Announces-SWARM
October 2019--The enhancement represented by the addition of SWARM to existing platform attracts and enables them to start signing more higher-margin enterprise clients.
https://www.networknewswire.com/cloudcommerce-inc-clwd-ready-to-target-enterprise-clients/
https://www.networknewswire.com/networknewsaudio/cloudcommerce-clwd-interview/
First tweak to SWARM December 2019:
https://apnews.com/press-release/pr-globenewswire/f97c02ff03d5b40944100c909bf90520
1st quarter 2020 revenue total per 10Q posting 3.2 million is an early reflection of a more effective platform and the potential in terms of revenue growth based on switching to higher margin enterprise clientele.
2nd quarter 2020 revenue total per 10Q posting 2.4 million (obviously on track to exceed previous quarter revenue total if not for country having to be shut down an extended period due to Covid-19. Confirmation of extreme effect reflective in the 33% decline in GDP for the quarter nationally, as a result hampering many businesses to stay afloat. Yet, CLWD management releases two PR’s defying adverse effects during shutdown going forward--towards the end of second quarter. PR dated June 8th stating: CloudCommerce, Inc. (CLWD), a leading provider of digital advertising solutions, today announced that in spite of the economic downturn caused by the COVID-19 pandemic, the Company has recently increased revenue from its existing client base and added new clients within the past few weeks. PR dated June 16th stating: CloudCommerce, Inc. (CLWD), a leading provider of digital advertising solutions, today announced that 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.
Second tweak to SWARM October 2020:
https://finance.yahoo.com/news/cloudcommerce-adds-artificial-intelligence-ai-070100576.html
CloudCommerce has a lot going on right now and unfortunately in business the precision of coordination when it comes to the initial plan doesn’t always play out due to some unforeseen circumstance—for example… the country being shut down in the 2nd Qtr and as a result having less revenue than what you expect at this point during the year. The plan of bringing a product/service to full SaaS is fluid and liquidity can present a challenge depending on just how smooth the process goes. In my opinion judging by all the information the company has provided up to this point, if there are no other unexpected drawbacks beyond their control and they hit their marks already outlined—(taking into account their emphasis when it comes to shareholder value and the announcement of becoming OTCQB qualified)--I’m sure their intent of resolving the Promissory Note within the 90 day period after issuance without it having an adverse effect on investors in very likely.
I totally agree with Sello when it comes to the implication of CLWD’s connection to Pattern89 potentially leading to SWARM being fully developed to SaaS. They have the means to assist CLWD in seeing this to completion and I would anticipate at this stage, if collaborating, they’re providing the necessary input/resources to get it done. Sello has also made mention that: “Full SaaS puts them in a whole new realm and most of the companies that get there move very quickly to the $100 million-plus mark.” This is very true.
The catalyst is already in place. The platform they’ve created is very unique as it stands right now and I have no doubt they’re poised going forward to be a major player in a 129 billion dollar industry.
High likelihood this day represents our 1st of thirty in the quest for OTCQB land. The ability to anticipate when it comes to the markets is such a valuable attribute... spot on--nice call once again.
There’s always more than what meets the eye when it comes to company press releases. For example take the most current releases for CLWD—when reading between the lines there relationship with Pattern89 (as Sello has pointed out) is an opportunity to work with an outsource team already experienced bringing self-serviced SaaS platforms to market. As an example--normally what a company like CLWD does in a case like this would require the hiring of Pattern89’s skilled software engineers to supplement their CLWD’s engineer staff on an hourly basis for an exact amount of hours for as long as their work is necessary. The more specialized engineers will be brought in for the most critical stages of the development process while other contractors will be available for a longer period of time making sure CLWD staff is completely familiar and comfortable with the new format. The bottom line is it can be a very challenging process but the opportunity to team up with a “been there done that” group can certainly speed up the process in bringing an effective product to their current and potential customers in a cost effective manner.
The PR referencing the up listing to the OTCQB is a clear indication from the company their projections posted in the June 16th press release: (CloudCommerce, Inc. (CLWD), a leading provider of digital advertising solutions, today announced that it now expects 2020 full year revenue to exceed $14 million and net operating income to exceed $1 million.) is on track and with a little over two months left in the calendar year CLWD management has a firm knowledge of projected revenue numbers to complete the year. CLWD management as well as investors are definitely aware of the fact when you factor in CLWD’s current company financial fundamentals with those year-end projection figures the .01 share price will quickly become a part of the past. Once QTR 3 financials are posted to confirm this eventuality I would expect CLWD to have easily glided over the (30 consecutive day at or above .01) hurdle prior to the end of 2020.
Excellent long term strategy. Without a doubt the potential of CLWD is definitely coming to fruition.
I get that the common theme for investors in OTC land is predicated on extreme share price movement in either direction creating a short term mentality. But realize... SWARM was integrated a little over a year ago and being added to their existing platform has really enhanced their services to the point of significant recognition within their industry. CLWD is moving in the direction of being taken seriously as an emerging growth company, but this takes time. They're accomplishing a lot on their own. I can see them tweaking their services as exampled by their licensing agreement with Pattern89 and I agree with Sello it would be a more cost effective way to bring SWARM to full SaaS by partnering if coordinated properly. 2021 will be a pivotal year for CLWD and they will have a lot of momentum heading into the new year. Nothing drives a share price more then significant revenue growth quarter after quarter and huge profit margins. In my opinion CLWD is set up for both. If that unfolds a reverse split if more probable further down the road but in cases where a company is growing in a major way the share price doesn't even flinch and continues to appreciate leaving shareholder value in tack.
The TTM Revenues are reflected in CLWD's 10Q's filed with the (SEC) Securities & Exchange Commission--(U.S. government oversight agency responsible for regulating the securities markets and protecting investors.)
You can find the 10Q's here:
https://www.otcmarkets.com/stock/CLWD/disclosure
Ed:
You'll have to excuse Chuck--He's been lobbying really hard on this board to win the poster boy nomination for the "Get A Life" campaign. He's a little slow on the uptick and hasn't realized yet that he's already garnered everyone's vote.
Trailing Twelve Month (TTM):
https://finance.yahoo.com/quote/CLWD/key-statistics?p=CLWD
Projected 2020:
https://finance.yahoo.com/news/cloudcommerce-provides-full-guidance-071510608.html
We've known that all the preceding yesterday's leading to today...isn't that right Chuck.
It's early... but the past few trading days have indicated the trend. The information the company has put out over the last year conveys a higher chance of favorable news being confirmed near term. Current and potential investors are aware of this and as a result upward pressure should continue to build.
What I don't get is how someone could be so narrow minded when it comes to investing in general. Take CLWD for instance... 16 out of the last 17 trading days you could have accumulated shares in the .0044-.0060 range. Theoretically any market investment can be looked at in a negative way particularly if you're obsessive over the weights and measures effect associated with scrutinizing share price on a daily basis. Investing is easy--what presents the challenge is the timing of an individual's buys and sells. A persons internals has everything to do with that whether it be intellect, discipline, emotional stability, etc... or lack thereof. The worst individual interpretation an investor can develop is the blaming of external sources for their demise. It can get in the way of making sound decisions due to the overwhelming cynicism that develops over time.
Excellent example allenc...CLWD is similarly positioned to begin the same trek. CLWD's climb should be even better since their debt is much less when compared to annual revenue total and their O/S total is approximately half of VYS$.
Absolutely agree. Last June during their last PR blitz news was posted three consecutive weeks in a row. A repeat would be a nice lead into earnings. Such momentum combined with in-line financials based on their June projections could get the share price to a more traditional market valuation level enticing more investors to commit to the Reg A+ offering. Although, when you factor in their current connections whether it be individuals associated with the company or large enterprise clients you would think their exposure is broad enough to this point equating to a successful offering.
Compliments on the revamped CLWD board. It really emphasizes those areas of importance new investors would be looking to find.
Early indications certainly point towards a steady momentum push towards the 3rd Quarter 10Q helped by the latest PR which shouldn't be looked at lightly. The development of their solutions platform is quite impressive. They're establishing a very effective data ecosystem that can serve clients in a multitude of different ways. Considering their already formidable client list I would anticipate some significant revenue growth going forward.
It would be nice to see a steady ascent in share price as we head into the four week countdown towards the 3rd Qtr Fins. Only this time hopefully their revenue numbers are more in sync with what the year end projections implied back in June. Enticing investors to buy so the current shareholders can witness what they've been patiently waiting to experience... that climb to fair market valuation levels. Having had the opportunity to follow the board for awhile, knowing those who have held for extended periods, there's certainly not a group more deserving.
CLWD, particularly over the last year, has been laying the groundwork to be a formidable player in their space. This is just another step in the right direction.
A nice enhancement to their existing technology infrastructure and solid move on their part in an effort stay ahead of the competition. A quality business update from my only OTC emerging growth equity surrounded by the other Major Index holdings in my portfolio Looking forward to 3rd QTR financials.
~ Loading the dips !
Take advantage of the opportunity while it's still here.
It's very apparent at this time "The Herd" could care less what might be considered a fair valuation at this point for CLWD.
The balls in CLWD's court and it's time to deliver. As the 3rd Qtr comes to an end put up or shut up time draws closer each day. 14M+ revenues for 2020; Reg A+ offering generating capital creating the opportunity to grow faster in their competitive market space; Fully developed SaaS version of SWARM.
"The Herd" has sent a clear message: Get use to this type of trading dynamic until CLWD management provides some hard evidence of measured production in these areas.
More importantly as stated above if you have the resources take advantage of the opportunity it presents. Once the herd shows up the share price at these levels will be a distant memory.
Marinokv,
Don't let the preoccupation with daily share price cause you to underestimate the potential of the development of SWARM into a SaaS solution. If completed it could have a major effect on revenue growth going forward.
Back in 2012 I was doing some DD on Adobe knowing they were going to be launching a SaaS bundle of some of their more popular software which up until that time was perpetual software licenses. The response was so positive that by 2013 they stopped making available the perpetual software format and had 4 million SaaS subscribers the following year. If a company develops a unique software product creating high demand, with SaaS version now being the standard, needless to say revenue growth can be significant and more immediate.
Post #22282.
Brian,
I personally look at this as a long term growth play in its very early stages. I was fortunate enough to accumulate the amount of shares I was interested in (16M) at a much lower price with an average of .0033. At this point I would only add if the price should drop below my average for a sustained period as long as the drop wasn't related to adverse company conditions. If CLWD's management is able to continue to grow revenues on a consistent level and make smart financial decisions to better position the company I would be hard pressed to sell a single share. I still hold the bulk of my Amazon holdings I purchased back in late 2009 and haven't regretted it for one day.
Excellent strategy on your part.
The stepping stones have definitely been laid out. That's what makes this such an intriguing play in the OTC market. To be able to accumulate millions of shares of a company with such a well established point in time position at such a low price level is such a rare commodity. It's a high percentage play in terms of the potential of creating life changing wealth with having to invest so little. Especially for those investors that don't scrutinize a particular time horizon.
As you know that type of movement by an OTC stock is very rare just due to the type of short term investment mentality existing at this level. But, if it does mimic that direction what a great indicator being displayed that certainly reaffirms what longs have concluded all along. The potential of CLWD is very real and beginning to show significant signs of being taken more seriously by investors. Plus, the timeliness is growing shorter for company events being publicized coming to conclusion. Reg A+, SaaS version, 2nd half revs, etc. The band will continue to tighten as we close out the remaining 3 1/2 months of the year.
A sound investment over time speaks volumes on its own.
When it comes to buying or selling a trader’s primary influence in most cases will be based solely on share price movement that’s why the attitude of any PR will do is so pronounced as opposed to a longer term investor who won’t necessarily place that as their first priority of influence but rather focus more on measured evaluation based on quarterly financials as they relate to company forecast projection goals.
As far as my own personal assessment goes:
I recognize they’re making real progress working towards laying a respectable and survivable financial foundation for a company at this particular stage of maturation.
Their acquisitions over time has allowed them to develop a well-rounded platform for the industry they participate in and the implementation of SWARM last year as part of that platform was instrumental in really showcasing the effectiveness of their services during test runs that resulted in the signing of multi-million dollar contracts representing large enterprise companies in turn producing higher margin business.
What’s to like from a long-term investor’s standpoint?
No convertible notes
Reg A+ offering
Revenues up 22% in first 6 months of 2020 totaling 5.6M compared to 2019 with company projections in excess of 14M by year end.
Service’s across their business platform exhibiting their abilities to
provide an industry leading unified solution.
Contracts signed with higher-margin large enterprise clients adding to increased exposure.
A fully developed SaaS version of SWARM
An industry sector in high demand due to business/corporate restructuring and overall economic effects of Covid-19
Long-term investors aren’t so consumed by the immediate but rather take solace in knowing publicized “company events” do get closer and eventually come to fruition.
hbhmb, I hope you get a chance to read this before the Off-topic Admin Curmudgeon deletes it but your post was excellent and spot on. You have a great weekend as well.
I guess I'll cut to the chase... since CLWD has bounced off its low to where it pretty much opened starting the day and based on the sentiment being expressed I'd say it's safe to use the famous phrase... "stop-loss orders can be both a blessing and a curse." Certainly proven today.
Hey WAR,
Your innate feel for CLWD never ceases to amaze me. Thanks to you I got more cheapies which I considered to be just a pipe dream until today.
Do you ever loan out your crystal ball? Lol.
Nice call.
Geez Chuck, you'll have to visualize me shaking my head. Isn't it fantastic the convertible notes are no longer dangling above investors heads and as a result improving future shareholder value! Chuck, I'm beginning to think you might be better suited for chasing the new flavor of the day. There are plenty of those around on the OTC exchange.
"Uh yah, I'll take three scoops of that pump and dump over there...yah the one with zero revenues and up 30% today based on nothing more than some fluff PR...oh and don't forget the convertible note sprinkles. Thanks."
Sello is very precise in his communication and speaks volumes. You might want to read his post #21438 again. Because it went completely over your head the first time.
I will guarantee you this chuck although it will take a some trust on your part. CLWD management will release another PR before the sky starts to fall and humankind ceases to exist. Have a little faith.
"this is how santa barbara scams work."
"more like a stolen base!"
Your interpretation is more like totally off base.
Spoken like a true short-term trader. Thanks for being honest.
Clwd has already spoken volumes with their proven results. People interpret it in their own way based on their investing intentions.
I would think the MM firm's inventory supply at these levels should be close to being tapped out. I know the common reaction on the share price movement in OTC land is mostly extreme to the upside when PR's are announced but I would certainly settle for incremental day by day movement to the appreciation side on no news. That would be a real positive sign of stability and a real unorthodox trend in the over-the-counter exchange.
During the second quarter April-June PR's weren't released until the final month June 8, 16 and 25th. As you all know next week marks the beginning of the final month of the third quarter. Stay tuned!