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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. > Joel Smith, Head of Business Dev. no longer works at Slyce
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Comment by lscfaon Mar 22, 2016 1:01pm
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Post# 24688511

RE:RE:RE:RE:RE:RE:RE:RE:Joel Smith, Head of Business Dev. no longer works at Slyce

RE:RE:RE:RE:RE:RE:RE:RE:Joel Smith, Head of Business Dev. no longer works at Slycefrigging moron. The lead investor demanded cost reductions as condition to invest......

"The remainder of the Private Placement of up to $7 million is expected to close over the course of the next 30 days. This will be based on the fulfillment of certain criteria as outlined by the lead investor (the "Lead Investor"), which includes, but is not limited to, certain participation by management in the Private Placement, cost reductions across the Company and the implementation of an updated financial model that provides clear visibility on cash flow. The Slyce board of directors is in agreement on the implementation of each of the currently proposed criteria noting that work had already been underway on these initiatives for some time, in particular on the cost reductions."

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