TSXV:MCLD.H - Post by User
Comment by
KBizz1on Dec 11, 2020 1:50pm
316 Views
Post# 32089550
RE:If your looking for a re-opening tech play this is it!
RE:If your looking for a re-opening tech play this is it! Brian, I really want this company to do well. I think they are in a great business and have a decent product. I also own a small number of shares (unfortunately I am way down on them now)... this said, they seriously need to stem the cash burn. They are losing the confidence of the market. They need to tighten their belts big time and get get the subscription revenues flowing. If I were in management, I would be looking to do everything possible to improve the cash flow as priority number 1, then the balance sheet number 2 (the amount of non-tangible assets is embarrassing relative to other small-caps)
Also, enough with the generic news letters telling investors things we already know (heat exchangers foul over time, COVID is in the air, etc)... tell us how many new subscriptions you have and then move on. The person writing all the fluff should be out making sales calls or off the payroll.
I really hope they can turn it around and/or make a big breakthrough next quarter