TSXV:POI.H - Post by User
Comment by
MuadDibon Oct 02, 2016 9:41pm
![](https://assets.stockhouse.com/kentico-cms/0342-00/images/Sprite.svg#id_Post_Views_Icon)
208 Views
Post# 25300611
RE:They need to find a buyer...
RE:They need to find a buyer...You may have found it by now, but the call can be replayed on the Slyce.it website. There's also a link a few posts down. When you consider what Slyce has done with their cash to date, not all is bad. I believe at least 4 companies have been purchased in the last few years by Slyce. Check out the Time Line shown on the investors page. Also, from the call; management is currently compensated roughly half of the previous team. That is a bold statement to me as an investor, that Ted and the new team want to make this company viable. Just imagine once Visual Search hits the mainstream. IMHO GLTA
Soyousay wrote: At a loss of $19M YTD with income of $2M, it's pretty obvious, no? Either that or they drastically cut operating costs and/or raise more money...huge dilution though. Believe me, I want them to succeed... I think they have a great business model and continue to sign up marque clients (who do their own financial due dilligence and must see something positive). But that overhang is tough. I didn't listen to the call on Friday. Was there any insight into how to address the losses?