Pounce Technologies Inc. V.POI.H

RE:an email from Slyce' management

[Leafs4Life]

The thing that jumps out at me is the mention of "financing requirements" 

And "raising as much money as possible."

Slyce had $7,620,256 in total assets as of July 31st of which 6.1 million was cash .  Their loss for the quarter was $3,218,306. 

At the current rate they have just over six months before they go broke.  They just did a private placement when the stock price was in the .40s.  I think that was less than six months ago. That kind of stock performance will make it challenging to raise more money so quickly.  When they raise this money, either the terms of the deal will be terrible or it will be massively dilutive for the current shareholders.  

I think there will be a time to buy more of this stock but it definitely is not right after an executive sends an email detailing "financing requirements" and a need to "raise as much money as possible."

Please talke me off the ledge here guys