TSXV:POI.H - Post by User
Post by
lscfaon Dec 03, 2015 11:36am
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Post# 24350580
Last bought deal
Last bought dealWas upsized from $5.3 million to $7.5 million. Demand from investors was there at $0.46 and there were no warrants attached!
Why didn't the fools raise even more money back then. They obviously had internal cash flow projections that showed they would need more money by year end.
These tech companies are all the same. They think their idea is worth a gazillion dollars and they are convinced the market will realize it too any day now. So the idiots do minimum capital raises hoping all the while that the stock price will rise before the next need for cash.
SLC's CFO should be fired.