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Pounce Technologies Inc. V.POI.H

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

Comment by BumpInTheNighton Feb 04, 2016 8:31pm
148 Views
Post# 24526526

RE:Financing

RE:FinancingThe only way that 7-9m will work, is if the amount is in U.S Funds. The financiers are from the U.S, so might be possible. They need to bring costs down to around 2-2.25m if they want to make it work in that time frame. When financials come out they will probably be in the ball park of around 750k and Q1 should be interesting considering they basically doubled the clients. Might take Q2 as I believe they stated one of the companies will be fully launched in january and the process of integration takes a little time. 
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