Tuesday, April 13, 2021 2:35:06 PM
Also, in regard to the cash break even analysis, the $14.5M rev number is certainly no guarantee of cash break even. It assumes they will be able to control their costs well enough to get there. Remember the Q3 CC and the $2M+ in non-recurring charges that were to begin rolling off in Q4? Well,the "Prof and Consulting fee" line item only fell from about $2.2M in Q3 2020 to $2.1M in Q4 2020, so I'll believe it when I see it.
Still holding onto my shares, but it's starting to really hurt.
Recent MCLD News
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