It's incredible when you go back and look at it ...
All the the partnerships and MOU's w/ Aramco, Mercedes, Invest Alberta, Fidus, Carbon Royalty, etc
Windfarms in China and EU (including largest operator in Europe)
Shopping malls in China
IAQ at small/medium sized businesses and Govt Buildings in both NA and KSA
Oil wells in NA
EV charging stations in NY and CA
Refineries in KSA
Methane LDR w/ Aramco
Heat Exchangers in Alberta
"Very large" connected worker deals in China and SA
Demand response w/ BC Hydro and Con-Edison
Signing contracts "all over the place" in SE Asia
The list goes on and on and on ...
The most egregious of all, in my opinion, were the various comments over the years re their alleged contract "backlog", including this exchange back in Nov '21
Ryan Kienstlinger — Analyst, Alliance Global Partners
Okay, and then, can you quantify? I know you give a pipeline slash backlog. Can you quantify the
number of signed—sorry, the total number of assets in signed contracts, as well as the backlog that’s signed for TCV?
Russ McMeekin — Co-Founder, President, and Chief Executive Officer, mCloud Technologies Corp.
Yes, so very specific number of assets is about close to 90,000.
It was this information that kept me invested in this pig, despite all of the warning signs. I assumed that much of what he was saying was total BS after a certain point, but I did not believe he could be making up data about actual "signed contracts" in backlog. Does anyone now believe that those contracts actually existed back in Nov '21?
If there is ever a class-action, this should be Exhibit A.
