Tuesday June 30, 2020
CloudCommerce Inc. A provider of digital marketing services has seen increased interest as SWARM continues to find its place in commercial establishments. Their stock is now teetering the 52wk highs. We’ve consolidated some of their highlights and recent operations in this report for our readers.
Previous Close .0085
20/200 MA crossover in effect
Support: .006
Resistance: .0087
52wk High: .01
CloudCommerce currently trades at about a 5.5m market cap. Recent guidance statements predict
- Net operating income over 1 million
- Pushing over 14 million revenue for 2020. (This number is based on existing and new contracts/backlogs)
The company anticipates, but makes no guarantees of issuing less convertible equity (dilution) as a result of their current financial health, see below-
Mr. Andrew Van Noy, CEO of CloudCommerce recently stated, “The Company further announced that its improved financial performance will allow it to create greater shareholder value by continuing its efforts to reduce future equity dilution by retiring certain highly dilutive convertible notes.”
On June 26th the company released an 8k announcing the final conversion on the remainder 2019 loans.
We believe this 8k is having a positive impact on the company’s shareholder relations because It’s always good to see debts getting paid without accruing too much interest. Especially on convertible financing. We far too often come across companies that can’t meet their deadlines and are often filled with 2-3 year old notes. People want to see the money come in and go towards projects.
New client: Desert Mountain Golf Club
CloudCommerce was recently enlisted by Desert Mountain for marketing services pertaining to golf membership and real estate sales. Desert Mountain is a multi-function resort featuring golf, dining, real estate and more in Scottsdale, Arizona. The entire resort spans 8,000 acres.
This client is a notable one for CLWD. Desert Mountain attracts members from many countries and backgrounds. If CloudCommerce Inc. software, SWARM can perform well with Desert Mountain diversity, this might open up more business channels in the future. The resort garnishes a lot of attention from media relating to their golfing operations and other attractions.
In a recent Forbes article called, “Arizona’s Desert Mountain Demos Real Estate Sales In COVID-19 Era” insight into how Desert Mountain is overcoming the struggles of the Covid-19 sales environment are eye opening. Not only to the new strategies being implemented, but the newfound business opportunities being discovered with them.
Issuance Distribution![]()
Source: Imvitools
Every company comes on the capital markets for funding. What we like to see is the positive increase in price, even with distribution over time. This in theory tells us that there is plenty of continued demand with a rising share count.
CloudCommerce was featured in the 2019 edition of Deloittes Fast 500 report.
Ranking 235th based on fiscal year revenue growth of 465% from the time period between 2015-2018.
Current Reg-A Offering
- Up to 800,000 shares
- Priced @ 25.00/share
- 10% annual dividend (distributed monthly)
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