Pounce Technologies Inc. V.POI.H

RE:RE:Don't get this one?

[Ranger56]

Iscfa..What are you thinking now. Worth the risk? A 2.4M quarterly cash burn rate is a lot to handle coming off a 0.5M revenue quarter. No doubt there is lots of potential, things have improved but they would need to grow revenues 4 to 5 fold in couple of quarters to avoid running out of cash. I cannot see how they can do this that quickly. The company is not guiding and giving this kind of visibility. Another equity raise at low prices in 5 to 7 months is going to hurt.  Only thing I can think of is a buy out long before breakeven by a player that sees the potential. Risky bet.