mCloud Technologies Corp (MCLD)

[DVP25]

For two full years everything was blamed on "pandemic restrictions". Then during the April CC we're told the restrictions have been lifted as of mid-March "in fact everywhere". The company is "ready to rock" and go "gangbusters". There's going to be 25K assets connected in the 2nd half. I remember posting that 'he's got nowhere left to hide'. I mean what could his next excuse be right? Well, how about basically just blowing up the whole model and wiping out the previous metrics? Even I couldn't have predicted he would go that far.

And this is all because of the Google migration? You mean that same Google migration that he said had been in the works since sometime in 2021? So between Aug 17th and Sep 30th that all just sprung up on him and shutdown their asset connections? He had no idea on Aug 17th it would impact his 2H targets? Half-way through Q3 he's telling us they'll do "mid-thousands" of connections in Q3 and "double-digit-thousands" in Q4 and he had no idea what was happening with their operations at that time, right? That's what he expects us to believe?

AND SIX MONTHS LATER AND HE STILL HASN'T GOTTEN THE F1 CLEARED

It's absolutely unbelievable.