TSXV:POI.H - Post by User
Comment by
Merovingian2003on Feb 10, 2016 10:52am
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Post# 24543578
RE:RE:RE:PP financing in lieu of prospectus financing
RE:RE:RE:PP financing in lieu of prospectus financingI would concur that this is the effect of a terrible market... certainly most looking for liquidity in current macro econmic backdrop. At this point just need to get money in to continue operations and give the company (and its shareholders) a chance for survival and gains. It is probably a good price to buy stock or average down if one believes in what they are doing with current customers and trending visual search and perhaps some board changes to improve directiona and efficiencies. IF the company successfully grows its business... growing revenues and profits will help to the concerns of a diluted share structure. Maybe the stock might not be $5 in time, but maybe it's $1 or 2 because of dilution, that would still be a good gain in percentage terms. By the way, nobody ever asks how many shares Apple or Google has out! I'm not comparing the two directly, but you get the idea... solid, growing business some of the shares cease being as much of a concern.