mCloud Technologies Corp (MCLD)

[Tickbomb]

I don't understand the carbon royalty thing:

"mCloud and Carbon Royalty Corp are working toward a mutually beneficial arrangement where mCloud returns the deployed capital used in customer deployment, permitting, and solution development, evolving the relationship to one focused around leveraging Carbon Royalty Corp's expertise to manage and develop carbon credits and carbon offsets across all joint mCloud and Google Cloud activities, tracked through AssetCare for a fixed royalty rate."

Royalty for who? Is this so we don't have the debt on our balance sheet and we charge a royalty fee?