mCloud Technologies Corp (MCLD)

[DVP25]

I don't think so ...

From Note 32A) of Q4 financials:

"The use of proceeds of is solely for the development of the Company’s EV dealership projects. In addition to the Loan, The Note requires certain income based payments, including sharing on a 50/50% basis, all EV, solar and carbon reduction related tax credits and incentives, be made from the borrower to the lender based on income resulting from this project over the term of the 20-year EV dealership projects."