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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. > Where the F*ck are the results?
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Comment by Leafs4Lifeon Mar 01, 2016 1:39pm
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Post# 24609627

RE:RE:RE:RE:RE:RE:Where the F*ck are the results?

RE:RE:RE:RE:RE:RE:Where the F*ck are the results?
Arturs33 wrote: Another good news is they got rid of al lot of expenses in the 4th quarter. 
3rd quarter loss was 3.3 mil roughly and now it's reduced to about 1.5 mil in 4th quarter. 

They are are working on the balance sheet which is nice to see. 

Now that hat they have some money to work with it would be nice to see some new companies added to the portfolio. 


Looks like they still need to double their revenue to get to breakeven. 

As you said, they've done a lot of heavy lifting to get from burning a million a month to burning 500k a month. I wonder how much more fat is left to cut. 

This company is still on fumes though. Burning 1.4 million a quarter means their 2.1 in cash will be mostly gone by now as, ahem, I predicted eight months ago. 


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