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Bullboard - Stock Discussion Forum mCloud Technologies Corp V.MCLD.H

Alternate Symbol(s):  V.MCLD.WT.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... see more

TSXV:MCLD.H - Post Discussion

mCloud Technologies Corp > Is this company going under?
View:
Post by PatiencePays123 on Nov 05, 2020 1:49pm

Is this company going under?

When will the tide turn here? Does it have enough cash to cover its burn rate?
Comment by auricgold on Dec 22, 2020 12:30am
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)
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