Pounce Technologies Inc. V.POI.H

RE:RE:+ tick + tick we have a bottom.

[StyllLerning]

It is nice to see some stabilization around the .10 mark. I put an order in for .10 and it did not get filled but I will leave it on the table until we hear (or not) about financing the week of the 15th.

One thing I'm curious about is why no one has brought up the fact that it looks like EuroPacific and Salman have backed out of the deal. Does anyone know why?

In the most recent update regarding the prospectus it said they expected to close on February 15 based on the execution of a formal agency agreement which was not mentioned when they originally said EuroPacific and Salman would be co-agents. It sounds like they may have been unable to recruit enough buyers so they let the deal go.

Beacon on the other hand has already organized over 27 million dollars of funding in the last two years for Slyce so it makes sense that they would step up and protect their investment.

So apparently they need to negotiate the agency agreement, then Beacon needs to find subscribers at whatever rate is agreed upon.

I'm on the fence as to what I think the terms will be - part of me wants to believe that the terms will not have changed since the preliminary prospectus has already been filed and since has been no news of an amended filing. The other part of me feels that the this board is making sense when it suggests .15 might be the new number. I don't know the rules about what information has to be published regarding a lowered offering.