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Bullboard - Stock Discussion Forum Pounce Technologies Inc. V.POI.H

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 Discussion

Pounce Technologies Inc. > They need to find a buyer...
View:
Post by Soyousay on Oct 02, 2016 4:53pm

They need to find a buyer...

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?
Comment by MuadDib on Oct 02, 2016 9:41pm
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 ...more  
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