RE:RE:Loooouuuu, Pitbull, your take?Pitbull is right, the venture exchange will not allow a company to raise capital for under 0.05. This will allow them to get the share price over this barrier.
This will also improve their P/E ratio with future earnings projected in the CEO letter in past post if any of you take this value into cosideration.
Watch out for the Q3 report and the money burn. If they can reduce it significantly, this will be the trigger for most of us to jump in. Q4 has been historically strong for Ackroo and all these new partners and access to additional merchants with gift cards is a good receipe for success!
buy now or wait for the Q3 report, these shares will not stay cheap for much longer if a good cut back on reported expenses.