mCloud Technologies Corp (MCLD)

[Prime39]

HH:
I sold the majority of my shares in the mid $2, but still own some underwater shares.
On 10/3, I said my entry point is in the $1.50's. Depending on the conference call, that is still my spot.

IMO, I believe in the tech, but not the direction. If customers pay 50% down, then Moving forward revenue is fine, but the thought of possible factoring screams their burn rate is too high, and they could be short of operating cash in 90 days.

Many times, people from large companies/big resumes/finance backgrounds don't succeed when trying to operate a small company like mCLoud, as it requires an entirely different skillset, IMO.

IMO, this can be fixed, but only with proper guidance, and I know the person to do it from the outside. Maybe the monetary backers will have the insight to see this. Regards, Prime