CloudCommerce Inc. (CLWD) Files to Offer Up to $20M in Reg A+ Preferred Stock as Company Builds Business Analytics Services
Texas-based CloudCommerce has filed a Form 1-A with the SEC as it seeks permission to offer up to $20 million in Tier II preferred stock quotable on the OTC market The stock would sell at $25 per share, with a minimum of 20 shares ($500) available to interested public investors and an annual dividend of 10 percent with payments made monthly CloudCommerce is developing a flagship suite of solutions under the SWARM banner, utilizing artificial intelligence to help businesses identify and appeal to potential new and repeat customers Business intelligence is expected to be a $34.3 billion worldwide market by…