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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 > Timberrrrr!
View:
Post by PatiencePays123 on Nov 12, 2020 8:40am

Timberrrrr!

Did someone yell "Timberrrrr!" yet? Those results look and read god awful.
Comment by dmacd on Nov 14, 2020 10:30am
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.
Comment by auricgold on Nov 24, 2020 2:10am
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 ...more  
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