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Clarocity Corp CLRYF

Industrials Technology Business Services Software - Application
Clarocity Corp is a California based firm. The company is engaged in the development of real estate valuation software product and related technological products. Its products and services are MarketValue Pro Appraisal, Traditional Appraisal, AQC Appraisal Review, BPOPro, ANMPro and BPOMerge. The company also provides alternative valuation and appraisal fulfillment services. Most of its revenue is earned through the United States market.


GREY:CLRYF - Post by User

Clarocity Corp
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Comment by Veteran1on Apr 26, 2016 2:07am
150 Views
Post# 24809062

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:News out

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:News outI understand the reason for this whihc makes sense to have a stronger balance sheet and convert debt to new equity and to do thiwith less share dilution. I am not opposed to it at all, just looking at different angles.

I would say i wasnt entirely happy to see .20 warrants get converted to .11 shares to be bought by ZDS as the warrants may have expired worthless in a year but at the same time , the compnay needs cash for expansion and good to have ZDS have a good equity interest in the company.

I think we all know we have a gem of a compnay here if it can get past a few more quarters to show the revenue growth and hopefuly cash flow positive so we are done with the share diltution.

GLTA

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