AIAdvertising Inc (AIAD)

[Detached]

I'm very confident the last eligibility requirement was fulfilled Friday with the share price being above .01 for thirty straight days. All the other eligibility requirements can be found if you dig deep enough in their financial disclosures--Here are some of the less obvious ones:


• Audited annual financials prepared in accordance with U.S. GAAP by a PCAOB auditor.

Last 10K:

Report of Independent Registered Public Accounting Firm
To the Board of Directors and Stockholders of CloudCommerce, Inc. and subsidiaries

Opinion on the Financial Statements

We have audited the accompanying consolidated balance sheets of CloudCommerce, Inc. and subsidiaries (the Company) as of December 31, 2019 and 2018, and the related statements of operations, stockholders’ equity (deficit), and cash flows for each of the years in the two-year period ended December 31, 2019, and the related notes and schedules (collectively referred to as the financial statements). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Company as of December 31, 2019 and 2018, and the results of its operations and its cash flows for each of the years in the two-year period ended December 31, 2019, in conformity with accounting principles generally accepted in the United States of America.

Basis for Opinion

These financial statements are the responsibility of the Company’s management. Our responsibility is to express an opinion on the Company’s financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Company in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB. We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. The Company is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. As part of our audits, we are required to obtain an understanding of internal control over financial reporting, but not for the purpose of expressing an opinion on the effectiveness of the Company’s internal control over financial reporting. Accordingly, we express no such opinion.
Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.
The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. As discussed in Note 1 to the financial statements, the Company suffered a net loss from operations and has a net capital deficiency, which raises substantial doubt about its ability to continue as a going concern. Management’s plans regarding those matters are described in Note 1. The financial statements do not include any adjustments that might result from the
outcome of this uncertainty.
/s/ M&K CPAS, PLLC
We have served as the Company’s auditor since 2018.
Houston, TX
April 16, 2020



Meet Corporate Governance Standards: a) Have a board of directors that includes at least two Independent Directors; and b) Have an Audit Committee, a majority of the members of which are Independent Directors onboard independence.

The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (of persons performing the equivalent functions).



As far as 2020 fourth quarter earnings go--the only factual information to go off of out there would apply to CLWD's website and the listing of the financial disclosures going back to 2012: (from 2012 to 2016 they released 4th Qtr earnings in February) and for the last three years (from 2017 to 2019 they included them in the 10K released in April). Since CLWD management hasn't stated otherwise I'm thinking the 2020 4th Qtr earning will more than likely be in April. (see link below)

http://www.lakmisoftware.com/xbrl/index.php?option=com_content&view=article&id=3&catid=2&Itemid=435

There's definitely a lot to look forward to in the short term but the real value is to be found in the longer term. This company has really developed its resources and positioned itself to make significant strides well into the future and as indicated by the level of exposure CLWD is receiving now--many investors recognize this aspect. As you observe the share price movement since the spike you can definitely tell it's being heavily accumulated by deeper pockets as llcoolm11 has pointed out which is significant when it comes to the variance by degree of the upward share price momentum to come.

Well, time to start gearing up for the Super Bowl--everyone have a great remainder of your day!