MCLD.V - Universal mCloud Corp


#21

Est- ce que Frederic Chabot (fredski) devrait faire un disclaimer a la fin de ses messages pour mentionner qu’il est rémunérer (la firme pour laquelle il travaille) par les dites compagnies sur lesquelles il commente comme étant leur firme de IR?


#22

Salut Luc,

Contact n’est pas la firme de IR pour mCLoud. C’est Equicom.

Par contre nous sommes investisseurs dans mCloud ainsi que tous nos mandats actuels.


#23

faudrait tu dise ca a votre site internet:

https://www.contactfinancial.com/clients/our-client-universal-mcloud-corp/

CF engaged at $0.35 in March 2018


#24

en effet. Merci pour la coquille. C’est changé merci

DecisionPlus Entrevue en Français


#25

C’est parti mon kiki. a 25k appareils connectés la compagnie est cashflow ++

Universal mCloud provides update on previously announced non-brokered private placement

Universal mCloud Announces Trading on OTCQB Venture Market


#26

#27

https://ceo.ca/@newswire/universal-mcloud-announces-binding-agreement-to-acquire

Universal mCloud Announces Binding Agreement to Acquire 100% Ownership of Agnity Global Royalty Agreement from Flow Capital

Acquisition will increase mCloud’s proforma combined revenues on TTM basis to ~$12.5M CDN and offer customers next-gen 5G wireless capabilities enabling industrial IoT-based asset management

Highlights

mCloud to pay Flow Capital $2M USD in cash and 1.5M in mCloud shares at close, and another 3.5M shares if share-based performance milestones are met
Through consolidation, mCloud’s Combined Annualized Revenues total approximately $12.5M CDN with break-even adjusted EBITDA (proforma, TTM)
Further expands mCloud’s AssetCare™ platform to support mobile asset workers via next-gen 5G wireless and secure IoT data capture capabilities
VANCOUVER, June 21, 2018 /CNW/ - Universal mCloud Corp (TSX-V: MCLD) (OTCQB: MCLDF) (“mCloud” or the “Company”), a leading provider of Artificial Intelligence and Analytics solutions for IoT-connected asset care, today announced that it has signed a binding agreement to purchase 100% of Flow Capital’s (TSX-V: FW) Royalty Agreement with Agnity Global (“Agnity”), an industry leader in LTE/4G/5G mobile IoT applications. This transaction extends mCloud’s capacity to reach all parts of North America, Asia, and Europe and solidifies the Company’s position as the eminent provider of IoT asset management solutions for smart buildings, wind, and power utility providers.

mCloud plans to consolidate Agnity’s results in the Company’s financial statements due to the nature of the Royalty Agreement, the relative contribution of total cash flows, and the extensive control mCloud retains over Agnity’s governance and operations. mCloud will work closely with Agnity on many aspects of the business on a frequent basis, including collaborative technology development, strategic business development, and to improve efficiencies in mutual operations. Agnity’s most recent fiscal year had revenues of greater than $6M USD and royalty cash flows of approximately $500K USD.

Prior to this transaction, mCloud and Agnity maintained a long-standing relationship as technology partners, with Agnity providing mobile apps that bolstered mCloud’s AssetCare platform. This agreement further deepens this relationship, enabling mCloud to directly benefit from Agnity’s highly talented R&D teams in Silicon Valley and India, thus accelerating the Company’s product development agenda. Over time, mCloud and Agnity will look to achieve further integration in technical, sales, and general operations.

“mCloud’s AssetCare platform is now connected to over 15,000 assets around the world and Agnity’s mobile capabilities are already being applied to our AI and Analytics offerings in the field, empowering field workers to achieve successful outcomes,” said Russel McMeekin, mCloud President and CEO. “This transaction will allow mCloud to offer enhanced IoT capabilities to our customers, such as blockchain-based mobile security, while simultaneously doubling our high-margin recurring revenue base and positioning mCloud for profitability in the near term.”

The Binding Agreement is subject to customary regulatory approval and a break up fee.

About Universal mCloud Corp.
Universal mCloud Corp. is headquartered in Vancouver, BC with technology and operations centers in San Francisco, CA and Bristol, PA. mCloud is an IoT connected asset care cloud solution company utilizing connected IoT devices, leading deep energy analytics, secure mobile and 3D technologies that rally all asset stakeholders around an Asset-Circle-of-Care™, providing complete real-time and historical data coupled with guidance and advice based on deep analytics and diagnostics resulting in optimal performance and care of critical equipment. It’s all about the asset. The powerful and secure AssetCare™ environment is accessible everywhere, 24/7 through standard mobile devices, ruggedized headsets, and web browsers. For more information, visit www.mCloudCorp.com.

About Flow Capital
Based in Toronto, Flow Capital Corp. is a diversified alternative asset investor and advisor, operating two divisions: an investment operation providing revenue-linked capital to emerging growth businesses, and an institutional advisory sales platform providing pension funds, charities and endowment clients with access to leading institutional money managers from around the world. Learn more at www.flowcap.com

Forward-Looking Information and Statements
This press release contains certain “forward-looking information” within the meaning of applicable Canadian securities legislation and may also contain statements that may constitute “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Such forward-looking information and forward-looking statements are not representative of historical facts or information or current condition, but instead represent only the Company’s beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of the Company’s control. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or may contain statements that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “will continue”, “will occur” or “will be achieved”. The forward-looking information contained herein may include, but is not limited to, information concerning the Offering (including the completion of any additional tranches of the Offering) and the use of the proceeds raised under the Offering.

By identifying such information and statements in this manner, the Company is alerting the reader that such information and statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such information and statements.

In connection with the forward-looking information and forward-looking statements contained in this press release, the Company has made certain assumptions. Although the Company believes that the assumptions and factors used in preparing, and the expectations contained in, the forward-looking information and statements are reasonable, undue reliance should not be placed on such information and statements, and no assurance or guarantee can be given that such forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information and statements. The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws. All subsequent written and oral forward- looking information and statements attributable to the Company or persons acting on its behalf is expressly qualified in its entirety by this notice.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE Universal-mCloud Corp


#28

MCLD20180622.pdf (626,0 Ko)

Universal mCloud Corp.

To Acquire Agnity Global Royalty Agreement; Doubles Pro-Forma TTM Revenue; Full Penetration into North America, Asia, Europe

ECHELON

MCLD-TSXV: $0.50
Speculative Buy
$1.50 ↑ (prev. $1.25) Target


#29

Exécution, exécution exécution…Si seulement nos petits favoris avait tous la même trempe managériale… Ma plus grosse position après IPA

Universal mCloud Announces DTC Eligibility and Provides Progress Update on Key Corporate Initiatives

VANCOUVER, Aug. 9, 2018 /CNW/ - Universal mCloud Corp (TSXV: MCLD) (OTCQB: MCLDF) (Cusip 91373W107) (“mCloud” or the “Company”), a leading provider of Artificial Intelligence and Analytics (“AI&A”) and IoT-connected asset care technology solutions, is pleased to announce that its OTCQB listed common shares are now eligible for electronic clearing and settlement through the Depository Trust Company in the United States.

DTC eligibility with The Depository Trust Company, the largest securities depository in the world, will allow for more efficient and economic trading of the Company’s common shares on the OTCQB and increase its visibility and accessibility with U.S. investors.

The Company’s common shares will continue to trade on the Toronto Venture Exchange under the symbol “MCLD”.

“Our DTC eligibility will provide U.S. investors with the ability to efficiently trade mCloud’s common shares,” said Russ McMeekin, President and Chief Executive Officer of mCloud. “As mCloud’s shares become more broadly accessible, I would like to reiterate the opportunity ahead. mCloud is a pure play AI and Analytics Cloud company competing in the Global AI and Machine Learning Market, which according to the International Data Corporation’s Worldwide Semiannual Artificial Intelligence Systems Spending Guide, is expected to grow to $57.6 Billion by 2021.”

The Company would also like to provide an update on several key corporate initiatives, building on the update previously provided on May 01, 2018 which covered the first six months since its public initiation on October 13, 2017. Notable updates since early May 2018 include:

Commenced signing commercial arrangements in China both in Smart Buildings and Smart Wind
Added an additional major multi branch Corporate Banking Customer with onboarding to begin later this summer

Completed numerous Wind Turbine Blade Scans proving foundation to its AI Damage Assessment Analytics

Signed an agreement that will provide mCloud over 150,000 wind turbine blade images which is expected to lead into multi-year commercial arrangements later in 2018 with strong carry-over into 2019
Announced on June 21, 2018, the acquisition of 100% of Flow Capital’s Royalty Agreement with Agnity Global, and will be releasing its first fully functioning AssetCare Mobile on the RealWear and Agnity Platform later this summer

Continued to attract and add industry leading talent to its team, including the recent appointment of Dave Weinerth as President of mCloud Smart Buildings, as announced on June 4, 2018
Commenting on the progress, Mr. McMeekin stated, “We are pleased with the progress we have made over the last three months. We are particularly excited about some of our recent developments in China, where we have received positive feedback on our AI/Cloud technology with remote mobile applications.”

About Universal mCloud Corp.

Universal mCloud Corp. is headquartered in Vancouver, BC with technology and operations centers in San Francisco, CA and Bristol, PA. mCloud is an IoT connected asset care cloud solution company utilizing connected IoT devices, leading deep energy analytics, secure mobile and 3D technologies that rally all asset stakeholders around an Asset-Circle-of-Care™, providing complete real-time and historical data coupled with guidance and advice based on deep analytics and diagnostics resulting in optimal performance and care of critical equipment. It’s all about the asset. The powerful and secure AssetCare™ environment is accessible everywhere, 24/7 through standard mobile devices, ruggedized headsets, and web browsers. For more information, visit www.mCloudCorp.com.

The TSX Venture Exchange has in no way passed upon the merits of the Transaction. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


#30

MCLD20180810.pdf (526,9 Ko)

ECHELON

Universal mCloud Corp.
Announces DTC Eligibility; Provides Upbeat Corporate Update

MCLD-TSXV: $0.60
Speculative Buy
$1.50 Target


#31

Universal mCloud Announces First Annual mCloud Connect 2018 User Conference, Brings Together Global AI and IoT Leaders


#32

Connect baby connect!!!

Universal mCloud to Expand AssetCare™ to improve HVAC Performance at Cinemark Theatres

mCloud increases number of connected assets with Cinemark by 60%

Assetcare™ deployed at 24 Cinemark Locations

VANCOUVER, Sept. 6, 2018 /CNW/ - Universal mCloud Corp. (TSX-V: MCLD) (OTCQB: MCLDF) (“mCloud” or the “Company”), a leading provider of Artificial Intelligence and Analytics (“AI&A”) and IoT-connected asset care technology, is pleased to announce that Cinemark, a leader in the motion picture exhibition industry and a strategic mCloud customer, is adding nine new locations and more than 230 rooftop HVAC units in Illinois to be managed by AssetCareTM. Earlier in 2018, mCloud enrolled nearly 400 of Cinemark’s HVAC units onto the AssetCareTM platform in Southern California.

mCloud and Cinemark have partnered to implement AssetCareTM with support from a ComEd utility incentive program, which ensures accurate measurement of baseline performance and verification of energy savings. AssetCareTM starts with an assessment of each HVAC unit to identify energy savings measures and evaluate retrofit opportunities. mCloud will equip mechanical service partners with diagnostic tools and software to inspect Cinemark’s HVAC units, including refrigeration cycle performance.

“Cinemark is dedicated to consistently delivering an exceptional guest experience, including a comfortable temperature within our theaters, which relies upon the efficiency and effectiveness of our HVAC systems,” stated Art Justice, Cinemark’s VP of Energy & Sustainability. “We are greatly looking forward to working with mCloud to further enhance our HVAC functionality, generate incremental energy savings, and advance our environmental sustainability.”

Dave Weinerth, mCloud’s President of Smart Buildings added, “Cinemark leads the industry with exceptional energy management and we are excited to partner with a company whose goals and objectives align with our vision and trajectory. We are extremely pleased to extend AssetCareTM to more than 600 total Cinemark HVAC units across the U.S., broadening our total impact on the performance of more than 20,000 total assets expected by year end.”

ABOUT UNIVERSAL MCLOUD CORP.

Universal mCloud is headquartered in Vancouver, BC with technology and operations centers in San Francisco, CA and Bristol, PA. mCloud is an Artificial Intelligence and Analytics, IoT connected asset care cloud solution company utilizing connected IoT devices, AI, deep energy analytics, secure mobile and 3D technologies that rally all asset stakeholders around an Asset-Circle-of-Care™, providing complete real-time and historical data coupled with guidance and advice based on deep analytics and diagnostics resulting in optimal performance and care of critical equipment. It’s all about the asset. The powerful and secure AssetCare™ environment is accessible everywhere, 24/7 through standard mobile devices, ruggedized headsets, and web browsers. For more information, visit www.mCloudCorp.com

ABOUT CINEMARK HOLDINGS, INC.:

Cinemark is a leading domestic and international motion picture exhibitor, operating 539 theatres with 5,998 screens in 41 U.S. states, Brazil, Argentina and 13 other Latin American countries as of June 30, 2018. For more information go to investors.cinemark.com.

Forward-Looking Information and Statements

This press release contains certain “forward-looking information” within the meaning of applicable Canadian securities legislation and may also contain statements that may constitute “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Such forward-looking information and forward-looking statements are not representative of historical facts or information or current condition, but instead represent only the Company’s beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of the Company’s control. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or may contain statements that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “will continue”, “will occur” or “will be achieved”. The forward-looking information contained herein includes, but is not limited to, prospective financial results and business prospects of the Company and the completion of proposed transactions with CSA and Flow Capital.

By identifying such information and statements in this manner, the Company is alerting the reader that such information and statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such information and statements.

An investment in securities of the Company is speculative and subject to a number of risks including, without limitation, the risks discussed under the heading “Risk Factors” on pages 29 to 46 of the Company’s filing statement dated October 5, 2017. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information and forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended.

In connection with the forward-looking information and forward-looking statements contained in this press release, the Company has made certain assumptions. Although the Company believes that the assumptions and factors used in preparing, and the expectations contained in, the forward-looking information and statements are reasonable, undue reliance should not be placed on such information and statements, and no assurance or guarantee can be given that such forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information and statements. The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws. All subsequent written and oral forward- looking information and statements attributable to the Company or persons acting on its behalf is expressly qualified in its entirety by this notice.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE Universal-mCloud Corp


#33

Universal mCloud Signs Binding LOI to Acquire Ascent AeroSystems

  • Acquisition expands total attainable market for connected assets. Ascent’s durable “coaxial” Unmanned Aerial Vehicles (“UAV”) will allow mCloud to apply its complete AI- and IoT-powered cloud asset management solutions to remote and hard-to-access assets
  • Acquisition is valued at an estimated $6.55M USD, comprised of $4.8M USD in shares and $500K USDof cash on closing, plus an additional $250K USD in cash and $1M USD in equity based on future performance

Nouvelle présentation avec la dernière transaction Ascent AeroSystems

mCloud_Oct_2018 - Update 01.pdf (2,0 Mo)

MCLOUD CONNECT LAS VEGAS

Tous les vidéos produits à Végas.


#34

À 20k assets la compagnie est cashflow ++

Universal mCloud Closes Oversubscribed Non-Brokered Private Placement

  • Attracts national and international investment
  • Moves to close the recently announced Ascent AeroSystems acquisition
  • Receives overwhelming response from inaugural mCloud Connect conference in Las Vegas, NV
  • Remains on target to exceed 25,000 connected assets by year-end

VANCOUVER, Oct. 15, 2018 /CNW/ - Universal mCloud Corp. (TSX-V: MCLD) (OTCQB: MCLDF) (“mCloud” or the “Company”), a leading provider of Artificial Intelligence and Analytics (“AI&A”) and IoT-connected asset care technology, is pleased to announce, further to its press release issued on September 28, 2018, it has closed the final tranche of its non-brokered private placement (the “Offering”).

Under the Offering, the Company issued a total of 12,956,339 units (each, a “Unit”) at a price of $0.35 per Unit for aggregate gross proceeds of $4,534,719.

Each Unit consists of one common share of the Company and one-half of one common share purchase warrant of the Company, with each warrant exercisable at a price of $0.50 per share for a period of 36 months following closing, subject to accelerated expiration if the 10-day weighted average trading price of the Company’s common shares is at any time greater than $0.80.

The Company has agreed to compensate finders who introduce purchasers in the Offering. In connection with the completion of the Offering, various finders received: (a) a cash commission equal to 7% of the gross proceeds from the sale of Units to subscribers introduced by the finder under the Offering, and (b) that number of finder warrants which is equal to 7% of the number of Units sold to subscribers introduced by the finder under the Offering, with each finder warrant being exercisable for one common share of the Company at a price of $0.35 per share for a period of two years from the date of issuance.

“We are encouraged by the strong interest we have received from investors and are pleased to have their continued support as we close this oversubscribed Offering,” said Russel McMeekin, President and CEO of mCloud. “We will use the proceeds of this Offering to expand our serviceable market through the acquisition of Ascent AeroSystems, a transaction we hope to close in the coming months. The remainder of the proceeds will provide general working capital.”

The securities issued under the Offering will be subject to a four-month hold period in accordance with applicable securities legislation.

This news release does not constitute an offer to sell, or a solicitation of an offer to buy, any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

About Universal mCloud Corp.

Universal mCloud is headquartered in Vancouver, BC with technology and operations centers in San Francisco, CA and Bristol, PA. mCloud is an Artificial Intelligence and Analytics, IoT connected asset care cloud solution company utilizing connected IoT devices, AI, deep energy analytics, secure mobile and 3D technologies that rally all asset stakeholders around an Asset-Circle-of-Care™, providing complete real-time and historical data coupled with guidance and advice based on deep analytics and diagnostics resulting in optimal performance and care of critical equipment. It’s all about the asset. The powerful and secure AssetCare™ environment is accessible everywhere, 24/7 through standard mobile devices, ruggedized headsets, and web browsers. For more information, visit www.mCloudCorp.com.texte en gras


#35

Universal mCloud Commences the Process to List on the NASDAQ and Implements New Board and Management Assignments to Align With 2019 Growth Strategies

VANCOUVER, Oct. 16, 2018 /CNW/ - Universal mCloud Corp. (TSX-V: MCLD) (“mCloud” or the “Company”), a leading provider of AI, Analytics and IoT-cloud connected, asset-care technology solutions announced today that it has begun the process of co-listing on the NASDAQ Capital Market (the “NASDAQ”).

As an initial step, the Company has appointed Co-Founder and Chief Investment Officer Michael A. Sicuronon-executive Chairman of the Board, while simultaneously appointing Darren Anderson, currently the Company’s Chief Accounting Officer to Chief Financial Officer. Current Board member Mike Allman will have a more active role with the senior team in the Company’s growth and strategy activities while continuing to serve on the Board as Chairman of the Compensation and Nominating Committees.

Mr. Anderson has over 13 years of experience in finance and accounting including over 5 years as a finance executive. He is a Chartered Professional Accountant (CPA,) in the Province of Ontario and a graduate of Carlton University in Ottawa.

“We are fortunate to have a broad and deep team to support the company through this transition,” said Russel McMeekin, President and CEO of mCloud. “Darren came to us with the Ngrain transaction and is a tremendous talent. Having him on the team and assuming this role is directly in line with a key component in our acquisition strategy of adding bench strength through these transactions. He is an excellent financial executive and a true steward of capital.”

“We are extremely grateful to our current shareholders for their support thus far,” McMeekin added. “We want this group and all future shareholders to have access to the NASDAQ platform for their portfolios.”

The Company also accepted the resignation of John Pitfield from the Board of Directors (the Board) and appointed Betsy Maclean to the Board, both effective immediately. Ms. Maclean earned her MBA at Stanford University’s Graduate School of Business. During 14 years at Honeywell Inc Ms. Maclean held leadership positions in global finance, financial systems, and analytics. After Honeywell she held executive finance and accounting positions in both private and public companies. Ms. Maclean is currently VP of Finance and Accounting at Newgioco Group

“We want to thank John for his service and wish him well in his future endeavors,” Michael A. Sicurostated. “We are honored and excited to have Betsy on the team and with her strong finance and industrial and technology background she is a welcomed addition to the Board and especially as a new member of the Audit Committee.”

Additionally, the Company’s Board of Directors has formed a special committee (the “Special Committee”) to be chaired by Mr. Sicuro, a long time Wall Street and capital markets veteran, to oversee the NASDAQ listing process together with management and the Company’s outside advisors. The mission of the Special Committee will be to ensure a smooth and efficient transition to co-list with the NASDAQ while enabling the management team to continue to focus on mCloud’s growth strategy, thereby minimizing distractions from the business.

The multi-jurisdictional regulations between the TSX and the SEC/NASDAQ are expected to enable the Company to become listed on the NASDAQ following certain changes to its current governance structure and internal processes. The Company has identified its key outside advisory team, which will be finalized by the Special Committee. The process will commence immediately and is anticipated to continue into 2019 in accordance with the required steps and milestones.

The Company intends to add a third independent director as part of the NASDAQ listing process in order to comply with NASDAQ listing requirements and the recently announced changes for companies domiciled in California. The mCloud team has already identified several candidates, with an expectation that this individual most likely will be nominated as the Company’s lead independent director.

Listing on the NASDAQ will be subject to the satisfaction of certain conditions, including the approval of the NASDAQ. There is no guarantee that the Company will satisfy all of the conditions to listing.

About Universal mCloud Corp.

Universal mCloud is headquartered in Vancouver, BC with technology and operations centers in San Francisco, CA and Bristol, PA. mCloud is an Artificial Intelligence and Analytics, IoT connected asset care cloud solution company utilizing connected IoT devices, AI, deep energy analytics, secure mobile and 3D technologies that rally all asset stakeholders around an Asset-Circle-of-Care™, providing complete real-time and historical data coupled with guidance and advice based on deep analytics and diagnostics resulting in optimal performance and care of critical equipment. It’s all about the asset. The powerful and secure AssetCare™ environment is accessible everywhere, 24/7 through standard mobile devices, ruggedized headsets, and web browsers. For more information, visit www.mCloudCorp.com.


#36

Universal mCloud to Present at the 11th Annual LD Micro Main Event

LOS ANGELES, Nov. 20, 2018 /CNW/ - Universal mCloud Corp. (TSX-V: MCLD) (OTCQB: MCLDF) (“mCloud” or the “Company”), a leading provider of Artificial Intelligence and Analytics (“AI&A”) and IoT-connected asset care technology, is pleased to announce its participation in the 11th annual LD Micro Main Event on Wednesday, December 5 at 5:30 PM PST / 2:30 PM EST. President and CEO of mCloud, Russel McMeekin, will be presenting and meeting with investors.

To access a live webcast of this presentation, please visit: http://wsw.com/webcast/ldmicro15/mcld/. A replay will be available 60 days following the presentation.

The LD Micro Main Event will take place December 4th, 5th, and 6th, in Los Angeles at the Luxe Sunset Bel Air Hotel, will feature 250 companies, and will be attended by over 1,200 individuals.

View Universal mCloud’s profile here: http://www.ldmicro.com/profile/MCLD.V

Profiles powered by LD Micro.

About Universal mCloud Corp.

Universal mCloud is headquartered in Vancouver, BC with technology and operations centers in San Francisco, CA and Bristol, PA. mCloud is an Artificial Intelligence and Analytics, IoT connected asset care cloud solution company utilizing connected IoT devices, AI, deep energy analytics, secure mobile and 3D technologies that rally all asset stakeholders around an Asset-Circle-of-Care™, providing complete real-time and historical data coupled with guidance and advice based on deep analytics and diagnostics resulting in optimal performance and care of critical equipment. It’s all about the asset. The powerful and secure AssetCare™ environment is accessible everywhere, 24/7 through standard mobile devices, ruggedized headsets, and web browsers. For more information, visit www.mCloudCorp.com.

About LD Micro

LD Micro was founded in 2006 with the sole purpose of being an independent resource in the microcap space. What started out as a newsletter highlighting unique companies has transformed into several influential events annually (Invitational, Summit, and Main Event).

In 2015, LDM launched the first pure microcap index (the LDMi) to exclusively provide intraday information on the entire sector. LD will continue to provide valuable tools for the benefit of everyone in the small and micro-cap universe.

For those interested in attending, please contact David Scher at david@ldmicro.com or visit www.ldmicro.com for more information.

SOURCE Universal-mCloud Corp


#37

Universal mCloud Reports Q3 2018 Operating Results and Provides Progress Update at its One-Year Anniversary of Trading on the TSX-V

Il y a du chiffre et ce n’est qu’un début puisque la compagnie anticipe 500k connections d’ici 3 ans.

  • Increased annualized revenue run-rate from Q1 2018 to Q3 2018 by 46% to over $14M
  • Connected assets increased in excess of 300% since beginning of 2018 to ~22,000; expected to exceed 25,000 by year-end
  • Adjusted EBITDA approaching near break-even in Q3 2018 representing a significant improvement over Q2 2018

VANCOUVER, Nov. 27, 2018 /CNW/ - Universal mCloud Corp. (TSX-V: MCLD) (OTCQB: MCLDF) (“mCloud” or the “Company”), a leading provider of Artificial Intelligence and Analytics (“AI&A”) and IoT-connected asset care technology, has reported Q3 2018 operating results for the three month period ended September 30, 2018 and provided a progress update at its one-year anniversary of trading on the TSX-V.

Strategic Update, Acquisitions and Customer Wins:

In Q3 2018, the Company continued to execute on its growth plans by adding new customers and expanding existing accounts, aggressively investing in technology development and identifying targeted acquisitions that are aligned with the Company’s strategic road map.

In September 2018, the Company announcedt a binding letter of intent to acquire Ascent AeroSystems (“Ascent”) to expand its total attainable market for connected assets, including those in remote or inaccessible locations. The Company believes that the acquisition of Ascent, along with CSA, the Agnity Global Royalty via Flow Capital and the acquisition of NGRAIN, the latter of which closed in Q1 2018, will build on the Company’s technology foundation to create a more efficient future using artificial intelligence and analytics in the cloud.

The Company began completing roll-outs of AssetCare implementations via its TELUS relationship in Q3 2018. This relationship is expected to ramp-up and produce significant revenues in 2019. mCloud also continued to support and grow key existing customer accounts – major theater operators, quick service restaurants, large facility footprint owners, and a major bank primarily operating in Canada, to drive growth throughout the quarter. Additionally, in the quarter the Company’s leading-edge technology was further adopted by several major defense customers.

In regards to the global efforts, mCloud has signed agreements in direct support of its initiative to enter the China market. The company signed a multi-year LOI for a joint project via its SCN partnership for AssetCareTM at Heiwado Shopping Center in Changsha. Additionally, the company entered into a MOU with Wuhan City, Qingshan District government to promote mCloud technology as part of their overall green city initiatives.

At the inaugural mCloud Connect Conference, held in September 2018, mCloud hosted a range of global AI and IoT leaders. Over 80 participants were in attendance including C-suite and senior executives from a variety of industries, along with major players from the Canadian and U.S. investment community. Attendees received a preview of what’s to come from mCloud, as it strives to be the industry leader in the AI and Analytics space, supporting a more efficient future.

Recently, the Company has begun the process to become listed on the NASDAQ. Near the end of Q3 2018, the Company also announced the commencement of a $2M private placement to support pending M&A activities and general working capital purposes. Due to significant investor demand, mCloud ultimately closed $4.5M in financing in October 2018, demonstrating strong market interest in supporting the next phase of the Company’s growth plans.

mCloud CEO Russ McMeekin stated: “Our strategy is working and gaining momentum, as evidenced by the significant increase in connected assets, revenue and improvement in our bottom line. The Company grew to a $14M run rate up from a $9.5M run rate in the first quarter of 2018. We have more than tripled the asset count in less than 10 months and have major momentum going into 2019. We continue to make targeted investments while approaching adjusted EBITDA breakeven. We are now very well positioned in three major geographic markets – USA, Canada and China – where energy rates are high and the leverage of wind generated electricity is key to their policies. We are continuously adding world class customers to our portfolio and building a very impressive feet of connected assets. mCloud is aggressively working to formally close our pending acquisitions that are the basis of our technology and operational foundation.”

Operating Results and Improvements

The Company has provided unaudited proforma operating results for each quarter in 2018 on a sequential basis assuming the acquisitions of NGRAIN, CSA, Ascent and the Flow Transaction were in effect during each of these periods for comparability purposes. Readers are cautioned that the Company’s results would differ if one or more of these acquisitions are not completed.

The momentum that the Company achieved earlier in 2018 continued in Q3 2018, with total revenue for the quarter surpassing $3.5M, up from $3.1M and $2.4M in Q2 2018 and Q1 2018, respectively. While generating double-digit revenue growth sequentially quarter-over-quarter, mCloud’s margins were 68% in Q3 2018, up from 64% in Q2 2018. The Company managed recurring operating expenses and deployed capital in areas that supported growth, helping to drive adjusted EBITDA closer to break-even, and building on progress made in prior quarters.

mCloud CEO Russ McMeekin and CFO Darren Anderson are hosting the Company’s Q3 conference call on Tuesday November 27, 2018 at 5PM ET. For complete details on the conference call, please visit: https://mcloudcorp.com/2018/11/13/universal-mcloud-to-host-q3-conference-call-on-tuesday-november-27-2018-at-500-p-m-et/.