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Pounce Technologies Inc. V.POI.H

Financial Services
Pounce Technologies Inc has no active business and is currently looking at new business opportunities for a strategic acquisition and a simultaneous financing.


TSXV:POI.H - Post by User

Pounce Technologies Inc. > It's just a matter of time
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Comment by NotFreddieon Jan 26, 2016 5:19pm
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Post# 24495754

RE:RE:RE:RE:RE:It's just a matter of time

RE:RE:RE:RE:RE:It's just a matter of time
Leafs4Life wrote: None of this matters if they don't close the financing.  

They just took out an unsecured loan for a million dollars from a major shareholder. Companies don't do that if they are in good economic health. 

The technology might be great but the business plan is failing right now because Slyce is burning so much more cash than they bring in. The lifetime value of these customers may justify the customer acquisition cost in the long run, but they don't have that kind of time. They will go bankrupt if they don't get the financing completed.

Speculating about clients in the future is a waste of time until they secure enough money to ensure they have a future.

  


Well said...I firmly agree. 
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