Bullboard - Stock Discussion Forum Media Central Corp. FBOP

Media Central Corporation Inc. is an independent and alternative media company situated to acquire and develop high-quality publishing assets, starting with the recent launch of CannCentral.com, a robust news, lifestyle and community cannabis platform curated for the human experience. Our strategic corporate team is composed of publishing, technology and capital markets professionals who are... see more

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GREY:FBOP - Post Discussion

Media Central Corp. > Optimism rising

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Post by RoboticSlave on Sep 30, 2020 3:55am

Optimism rising

risky stock for sure but they're clearly making some great moves, whether or not they'll pay off remains to be seen but it stands to reason in 6 months they'll be in a better place they are in now

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Comment by Reallitycheck on Sep 30, 2020 9:25pm

Yup time will for sure tell if there will be enough time. At their cash burn rate of between $50 to a $100k monthly and with no cash how will they last 6 or even 2 or 3 more months. Raising more cash through equity issue at 1 or 1.5 cents a share will so dilute existing shareholders, it makes no sense. Borrowing more? Hmmm. Who would be crazy enough to lend. The only way to salvage any value from ...more

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