TSXV:MCLD.H - Post by User
Comment by
auricgoldon Nov 24, 2020 2:10am
350 Views
Post# 31958590
RE:RE:Timberrrrr!
RE:RE:Timberrrrr!dmacd, I have been following this since inception. I always said they burn too much cash. They also did an insane amount of debt financing and that is usually the end of a company of this size. If you like tech, and cloud and security, check out SWIS, GlobeX Data Ltd. just starting and contracts with global leaders. check it out. https://ca.paidpromotionalmessages.com/CNSX:SWIS/GlobeX-Data/
dmacd wrote: Growth story and technology seems solid but the burn rate is too high. Management does not seem to care about share dilution and bankruptcy risk though. The hope is always one more dilution but that often fizzles with this sort of management. They will need a stock hypster like wall street reporter to pump up the shares to raise more capital.