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mCloud Technologies Corp V.MCLD.H

Alternate Symbol(s):  V.MCLD.W.H | MCLDF

mCloud Technologies Corp. is a provider of cloud technology solutions, namely AssetCare. Customers use AssetCare software-as-a-service (SaaS) and data solutions to ensure assets continuously operate at peak performance. Through its portfolio of AssetCare solutions, the Company enables asset owners and operators in energy and asset-intensive industries, such as oil and gas, wind, and commercial facilities to use cloud-based digital twins, artificial intelligence (AI), and analytics to optimize asset performance, reliability, and sustainability. It offers foundational enterprise technology solutions enabling capabilities, such as secure communications, connected work, and remote monitoring. It offers aerial survey capabilities through the use of drones to automate and streamline the detection and measurement of fugitive emissions, including greenhouse gases, natural gas, and volatile organic compounds. It has a presence in North America, Europe, the Middle East, and Asia- Pacific.


TSXV:MCLD.H - Post by User

Post by TickBombon May 14, 2021 8:41am
441 Views
Post# 33202134

Spoke to IR

Spoke to IRFYI.  The seller is probably from one of their acquisitions.  Restricted stock terms recently ended.  All the underlying business fundamentals are still good.  They are just selling for whatever reason.  There might be one or two competing to dump.  All the US institutions who participated in the recent offering haven't sold a single share.
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