Replies to post #1805 on mCloud Technologies Corp (MCLD)

[DVP25]

But really, where is the "capital" they supposedly want to return to CR?

This has been one of the biggest mysteries since they released the Q2 Financials. They booked the C$19.3M loan from CR in Q2. They had $4.4M total cash remaining at the end of Q2. So where did the C$15M go that was ear-marked "only for dealerships". Here are the net changes in their other assets between Q1 and Q2 (excluding AR).

+ $1.5 Intangible assets
- $.05 Prop, Plant & Equip
+ $.27 Right of Use assets
+ $.24 Prepaid Exp
+ $.39 Current Portion of Prepaid Exp

Where's the $15M????