mCloud Technologies Corp V.MCLD.H

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

Technology Software - Application

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.

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mCloud Technologies Corp > Is this company going under?

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Comment by auricgoldon Dec 22, 2020 12:30am

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Post# 32158840

RE:Is this company going under?

they did some hefty convertible debt. not sure about the cash but take a look at SEDAR: from financials. they had 5 million in cash and burned over 8 million in 3 months:
Comprehensive loss for the period $ (8,066,783)