mCloud Technologies Corp (MCLD)

[DVP25]

Yea, this is definitely the most confusing part for a whole bunch of reasons.

It doesn't seem like they've been able to actually reach an agreement with CR. So that is definitely not encouraging.

Most significantly, how can mCloud return the deployed capital? Where is it? Show me the assets on the 6/30 B/S? I can find the debt, that's for sure.

I mean, I hated the idea of taking on the debt all along. It sounded like an absolutely atrocious plan from the jump. If they are somehow able to restructure this in a way that they aren't the owners of the assets and just the AI provider it would be a much better proposition IMO, but somebody has to finance these implementations and hold the assets.