Sensio Technologies Inc SNIOF

RE:Question is how much and how soon...

[disgruntled1]

Issuing another 20M-30M shares at $.10 would not be acceptable to me as a shareholder, and I'm sure I'm not alone.  I don't think they could even do it with the current lack of visbility....I mean, how does one even begin to quantitatively make earnings projections here with no base data being available from the company and the high degree of uncertainty in forecast uptake and revenue.  Yes a convertible debenture is unlikely, and issuing millions of .10 shares is out,... meaning they're in a real pickle. The Caisse could average down from their current .21 average with the .18 cent warrants to buy them some time and protect their investment...makes sense to me  (the Caisse surely doesn't monitor or care about the day to day share price like we retail investors do,...the share price was over .18 not long ago and fluctuates by pennies each day).

Doesn't look good, but they created this by not hitting their target and not being direct at the last CC about the number of subscribers TODAY, how much subscribers are renting TODAY the revenue received per movie TODAY, the number of 3DGO compatible smart 3D TV sets available TODAY (not just 3D sets) etc. Then, at least a range of projections on the future scale up could be made based on low and high end projected growth.  I suggest they show real tangible progress very soon, provide much greater clarity and visibility, and hopefully finance at higher levels,..... or beg the Caisse to help them soon.  Otherwise........