mCloud Technologies Corp (MCLD)

[DVP25]

Why would they have to "fight to get it into AssetCare" if they controlled the company?

I'm just trying to figure out how this deal with CR ever made any sense. I know what we've been told about the deal doesn't make sense, so there had to be some other arrangement made. Could that have been Mcmeekin convincing them that he would close the Preferred deal soon after Q2 end and replenish any of CR's funds he used to cover his operating expenses? Sure, if CR is incredibly stupid. But I don't think they are. So what else could they have been planning? I just think we have to leave open all possibilities here, including CR taking control of the company for $15M. How much was it going to cost CR to get publicly listed on the Naz? How much is mCloud's demand response tech and partnerships w/ the utility companies worth to them in their business of harvesting carbon credits?

One big bugaboo in that "plan" would be the debenture holders who'd get screwed over in a BK filing. A lot of them were Katusa subscribers. Would he really have embarked on a plan that would drive mCloud into BK and cost his own subscribers their investments? I'd like to think not. So then perhaps we need to consider the possibility of some type of merger rather than a BK? I've got no clue and am growing increasingly frustrated trying to figure out what is going on.