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Re: hbhmb post# 26438

Thursday, 02/04/2021 6:21:01 PM

Thursday, February 04, 2021 6:21:01 PM

Post# of 31747
Most definitely... the intriguing aspect will be the company's ability to make a seamless transition from their past hourly/monthly charge model of fixed or variable implementation fees to a recurring subscription revenue model as a self-service cloud hosted software platform. The recent steps they've taken to raise additional capital is an indicator they're getting a lot of serious inquiries which equals demand and does dictate more of a sense of urgency to create a more cost effective format sooner rather than later. The last PR does mention the client has been using the AI feature for the last six months which leads me to believe the usage isn't on a trial basis and they're generating revenue from the new AI services.

I do have a question for those who have been invested for over a years time asking for clarification on the date in which fourth quarter earnings will be reported? On other message boards they're throwing out the 02-12-21 date. As I look back on the history of CLWD's disclosures it appears they don't file a separate 10Q for the 4th Qtr but, rather wait until the 10K to post those financials along with the annual numbers which will be submitted sometime in April of 2021.
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