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Saturday, 01/29/2011 11:12:23 AM

Saturday, January 29, 2011 11:12:23 AM

Post# of 10165
I like this post. CLDR DD...

letter to shareholders...

http://www.cloudcentricsystems.com/images/CLDR_President_s_Letter_to_Shareholders_Dec_2010.pdf


".. we are about to announce financials which show a 120% increase in revenues during the final quarter of 2010.."

"Cloud Centric is about to launch an Industry leading product from its subsidiary VizualMobile. The product Monitors, Manages and Secures Mobile Devices. The company is on the radar of large corporations looking to manage their varied asset base of smartphones which could include Android, iPhone and Blackberry smartphone handsets."

"The subsidiary is highly likely to be a target
for acquisition during late 2011 and, if we are to achieve the very best value for shareholders,
we need to build a business that is worthy of attracting the very best caliber clients and partners," continued Lovatt.

"This is a deal that is good for the company and good for shareholders as it helps to build a truly secure business. I would like yet again to confirm that we see no requirement to undertake a reverse split, our financial partner is happy to work with us by increasing shareholder value through improved revenue figures and earnings," said Lovatt.

Cloud Centric Systems recently announced that its officers had returned their common shares to the treasury and the company had reduced the Authorized Share Capital to 3bn, down from 5bn reducing the total dilution that can occur in the company.

They must know what they are doing. LOL

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