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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 by User

Post by freddie1on Apr 13, 2015 10:25pm
169 Views
Post# 23625801

100 days to insolvency - new raise critical but at what cost

100 days to insolvency - new raise critical but at what costObvious that last cash is on burner. How will raise be done with SP at .60? Will be VERY costly to value of current shareholder value. Need real rev projections rather than just CEO statement that they will be "exponential". Where will raise come from? When? How much? At what cost?
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