Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Pounce Technologies Inc. V.POI.H

Financial Services
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

Pounce Technologies Inc. > It's just a matter of time
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(0)
•••
Comment by NotFreddieon Jan 26, 2016 5:19pm
75 Views
Post# 24495754

RE:RE:RE:RE:RE:It's just a matter of time

RE:RE:RE:RE:RE:It's just a matter of time
Leafs4Life wrote: None of this matters if they don't close the financing.  

They just took out an unsecured loan for a million dollars from a major shareholder. Companies don't do that if they are in good economic health. 

The technology might be great but the business plan is failing right now because Slyce is burning so much more cash than they bring in. The lifetime value of these customers may justify the customer acquisition cost in the long run, but they don't have that kind of time. They will go bankrupt if they don't get the financing completed.

Speculating about clients in the future is a waste of time until they secure enough money to ensure they have a future.

  


Well said...I firmly agree. 
<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities