TSXV:MCLD.H - Post by User
Comment by
nkbourbakion Mar 28, 2019 8:04am
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Post# 29546651
RE:RE:RE:Great contract expanding into oil n gas industry
RE:RE:RE:Great contract expanding into oil n gas industrycomissioner wrote: Try looking up fulcrum exploration the texas oil and gas private company that mcloud made a deal with.
I believe you googled fulcrum technology a small financial holding company in canada where shane maine is and with pivott. I do not believe he has anything to do with texas based fulcrum exploration oil and gas business, no he does not. Fulcrum is private not public might be hard to google. Their other contracts are all with well established companies like mcdonalds, bank of america, telus, casinos, aramark, national defence chinese malls list goes on.
Echelon wealth just reiterated their buy and 110% upside target of 0.80
https://www.cantechletter.com/2019/03/buy-universal-mcloud-for-big-returns-echelon-wealth-says/
The presser from mCloud exlicitly quotes Shane Maine as the Chairman of Fulcrum. And the full company name is given as "Fulcrum Automation Technologies Ltd".
This has nothing to do with Fulcrum Exploration in Texas. There is also a small company called "Fulcrum Automation & Controls" in Texas and Alabama that is unrelated.
Every piece of news from this company gets pumped through a crazy PR amplifier. (Including the Telus contract, by the way, which McMeekin referred to as a "game changer".) I've never seen anything quite like it. I know that companies have a lot of leeway with promotional materials but some of this stuff really pushes the envelope.