TSXV:POI.H - Post by User
Comment by
Merovingian2003on Dec 15, 2015 10:49am
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Post# 24385371
RE:who in their right mind
RE:who in their right mind
I don't think anyone can question the technology and management's execution on business. There seems to not be a lot of understanding here. And by here I mean Canadians. US investors more savvy and actually invest in innovative businesses instead of dumping them and flipping them for a few pennies. How many startups are profitable? I believe Slyce is one of the most innovative technology companies to come out of Canada and it is ashame that there is less support for it. Perhaps the burn could have been controlled better etc. However, the fact that the technology is being integrated into top tier brands like Home Depot is incredible at this stage in the company's lifecycle. Is anyone or does anyone know a CTO for a Fortune 100 brand like this and how long they typically would take to vet and adopt a new product like this? It usually takes like a year, so the fact that they did this so rapidly is really a testament to management and their vision.
Don't be surprised when one of Canada's most innovative companies is acquired by a US entity.