TSXV:POI.H - Post by User
Comment by
StyllLerningon Jan 27, 2016 8:58am
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Post# 24497339
RE:RE:RE:RE:RE:RE:RE:It's just a matter of time
RE:RE:RE:RE:RE:RE:RE:It's just a matter of time
Sensio is a completely different scenario: They had been in operation for 14+ years without ever showing a profit. They changed their game plan multiple times - when something didn't work, they moved on to something else (embedded chip technology to VOD distribution). Disgruntled employees, layoffs to cut costs, no marketing - the writing was on the wall for years.
Slyce is only 3 years old and has significantly increased their revenue quarter over quarter for the past 7 quarters. They are getting great exposure and management has a game plan and is sticking to it. There are still a lot of ifs with this company and financing is certainly necessary, but I do think it will go through and the company will continue to grow. SnipSnap alone is probably worth 75% of the current market cap.
(FYI, the Sensio CEO loan took place after filing for creditor protection)