Pounce Technologies Inc. V.POI.H

RE:RE:SLC seems plagued, hopefully not doomed

[Leafs4Life]

They might be profitable in 2017 but they will run out of money in Q1 2016 if they don't raise funds (this is what they said).

How will they raise money at these levels? They did a private placement at 46 cents less than a year ago. Every banker who has touched this thing has lost his shirt so far. The next financing deal might be a bad one for shareholders. The bankers and financiers will want to get back some of the money they lost on the last go round. We might get diluted. 

That isn't even my main concern though.  We also need to find out how many people are actually using slyce to make purchases.  Slyce charges a pretty penny for use of their service.  If people aren't using it to buy stuff, the commercial partners might not renew their contracts.  THIS is the problem.  Changing people's behaviours is very difficult.