Pounce Technologies Inc. V.POI.H

CFP?

[StyllLerning]

There's no question that there will need to be another funding round, but at what cost? The last conference call indicated US interest - what might that look like? Extrapolating current revenue / customer and anticipating they get to 30 contracts by the end of calendar 2016 - I don't see Slyce getting CFP until mid 2017. There is a chance with increased transaction revenue that they get there by the end of 2016, but I wouldn't bet the farm on it. IMO I think a 15 million raise is in the cards (or a 10 M now and potential for another in 9 months). Below are my projections: Q415 - 4 M spend -->760 K rev Q116 - 4 M spend --> 900 K rev Q216 - 4 M spend --> 1.2 M rev Q316 - 4 M spend --> 1.6 M rev Q416 - 4 M spend --> 2.1 M rev Q117 - 4 M spend --> 2.7 M rev Q217 - 4 M spend --> 3.3 M rev Q317 - 4 M spend --> 4.0 M rev A lot of ifs, but I like the management and the direction the company is heading.