Replies to post #1512 on mCloud Technologies Corp (MCLD)

[Tickbomb]

I think it's a bit misleading. My take is the $15 mil is not for MCLD, but it's to fund the implementation on the dealer side. Implementation could include solar, batteries, or any other smart sensors etc for the electrical grid to benefit from asset care.

"Carbon Royalty Corp fully funds the implementation of these AssetCare contracts and each party receives 50% of the tax incentives, carbon credits, and other financial benefits over the life of these contracts, typically on 20-year terms."

So Carbon is supporting the dealership fund the complete package, not giving MCLD a loan or anything. Carbon and the dealerships split the carbon tax incentives and credits.

My interpretation is Carbon doesn't get assetcare revenue though. so there is no payoff/NPV etc that includes that 15M from MCLD's perspective. At least that is my interpretation....

[DVP25]

Blitzed, like I said you never know for sure with mCloud. As it turns out, it is in fact a loan (see Note 32a of latest financials). I honestly have no idea how this is economically viable. The math makes no sense to me.