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DVP25

12/06/21 12:47 PM

#1440 RE: rodgranite #1438

I think the $10M should last about 5-6 mos given prev cash burn rates, but that could change. And, Yes, I've noticed the lack of insider buying for 15+ straight mos now.

We'll be glad they are on the Naz if they ever get this thing turned around and institutional investors get interested, but as of right now, you're correct, it doesn't matter (except for the Millions in Prof & Consulting fees it cost us).

McMeekin claims to have close to 90K total assets under contract. My math has that generating in excess of $50M in recurring rev per year. Do we believe him? Did you notice how he skirted the analyst's question re how much of the backlog/pipeline was actual contracts? He loves being "on track" and having "targets" because they don't mean squadoosh.
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DVP25

12/06/21 4:54 PM

#1445 RE: rodgranite #1438

Well, it's better than nothing. Maybe more to come ... hopefully.

https://www.canadianinsider.com/node/7?menu_tickersearch=MCLD+%7C+mCloud+Technologies