mCloud Technologies Corp (MCLD)

[HammerinHank2]

My math related only to over-time revenue, which is recurring. that is more important for valuation.

by Q4 over-time should be around $10m/q or $40m/yr and that is recurring.

you have to add assumptions about technical service and initialization revenue to that. when they connect assets, the initialization revenue comes in but that is not recurring.

So then in Q4 you would need the over-time to keep on the same track and then $4.5m in initialization + technical services revenue to get to $14.5m revenue in Q4 and positive cash flow.

Mcmeekn seems addicted to raising money but most likely the market will be less bothered by that when the company is generating cash which looks likely to be within several months now.