CloudCommerce, Inc. (OTCPK:CLWD) announced a private placement of 300,000,000 options on January 17, 2020. The options vest equally over a period of thirty-six months, and are exercisable at a price of $0.0019 per share, expires five years from the effective date. The options are exercisable any time after January 17, 2021. The company has paid 283,000,000 options to the board members; 50,000,000 options to Gregory Boden, 10,000,000 options to Kevin Myers and 50,000,000 options to Andrew Van Noy and other key employees. The transaction has been approved by the shareholders of the company.