Bar.pm, Inc. acquired Clowd, Inc. from Invent Ventures, Inc. (OTCPK:IDEA) and others in stock on October 31, 2013. Bar.pm will acquire Clowd, Inc. in exchange for 22.5 million shares. Bar.pm, Inc. will change its corporate name to Clowd, Inc. Bryce Knight, Invent Ventures, Inc.'s Chief Executive Officer, Tim Symington, Invent Ventures, Inc.'s Chief Investment Officer, and Aaron Moore, Invent Ventures, Inc.'s Chief Operations Officer will each serve as an Officer and Director of Clowd, Inc. The transaction was approved by the majority shareholders and Board of Directors of Clowd, Inc. and Bar.pm, Inc. The transaction is subject to due diligence. Ken Bart of Bart and Associates, LLC acted as legal advisor for Clowd.

Bar.pm, Inc. completed the acquisition of Clowd, Inc. from Invent Ventures, Inc. (OTCPK:IDEA) and others on October 31, 2013.