Replies to post #1849 on mCloud Technologies Corp (MCLD)

[Prime39]

Spot on, DVP.
Russ kept talking about opportunities they are now looking at with Google, not contracts in hand. Still just a used car salesman with vague promises and no ability to deliver results.
So now we know he sold about $7M in recurring revenue for $6M in cash earlier this year to keep his doors open. Lack of cash, or the financial investor finally made him cut his operating losses, he wouldn't/couldn't do it on his own. All IMO. Prime