mCloud Technologies Corp (MCLD)

[DVP25]

1. You must be right that the Royalty corp is recovering the installation cost in some manner over the life of the contract beyond just receiving the carbon credits. But it doesn't seem to be structured as a loan to the dealership because they are closing this financing directly with mCloud.

5. I just don't see how it's possible that mCloud could receive anywhere close to $6K/mo in sub fees per dealership. Look at their own estimates for dealership monthly cost savings (net of sub fees) for this program which are published on their website (link below).

Year 1: $235
Year 5: $1160
Year 10: $2885
Year 15: $5527

How could they justify anywhere close to a $6K sub fee with those numbers. Keep in mind that mCloud's rev model for AC is 2/3 of savings to customers and 1/3 to themselves. The only explanation I have is that the $6K must include carbon credits and other incentives, which makes me wonder how legit it is.

Yes, there is a market for trading carbon credits.

https://assetcare.mcloudcorp.com/auto/