mCloud Technologies Corp (MCLD)

[Tickbomb]

Ya I don’t think it’s anything pointing to doubling the quarterly connection count, but it’s something. Also I’m not sure O’Neil contradicted as he was talking about the two US programs when he mentioned pay for performance. Then Russ talked about the Canadian program. And the BC program goes till the end of may I believe, with the trial starting in June. It may have initially ended in April, or it’s a typo. Later on it says May. You can still sign up if you click on the link.

The $4,000 goes towards some of the connection costs maybe? Not 100% clear. But the terms are 36 months for signing up (see mcloud BC landing page). The BC hydro trial is 1 year long. Not sure what that means. Maybe your credit is only good for a year or something. Maybe they assess the performance of mcloud and do another program. Maybe you get automated demand response kickback for a year. I’ll call BC hydro tomorrow and see.

I think the long term implication is that these some of these programs may become mandatory in certain regions. So they are testing them out.