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Re: None

Friday, 05/21/2021 11:32:25 AM

Friday, May 21, 2021 11:32:25 AM

Post# of 31769
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.
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