Pounce Technologies Inc. V.POI.H

RE:RE:RE:RE:RE:RE:RE:RE:RE:Slyce needs to sell visual search and focus on coupons

[ctblizzard]

Nothing is wrong with that. But two things have been stated regarding this. That 1- it was some company in Australia that was linked in a prior post and 2- that if Funtastic put money in that gives them a lot of confidence. If you really do not know anything about the investor and reasons for investment its hard to have much to go on.

For example, if you are a computer company and IBM or Warren Buffet or another company that is in a similar field invests in you there is a sense of why and know their relative success/failure in such deals.

It as not long ago this stock was halted for that crazy Beals matter and if you did any research on that it would have amazed you at the length to which these people went.

This is a good company. Snipsnap has millions of users and has a lot of potential from increased name recognition as many people have never heard of it. The amount of money being spent on trying to succeed in a really difficult retail environment with visual rec has brought this company to its yearly lows and maybe all time lows. Someone with more capital can take that asset and run with it and this company can be around for the long term. Maybe this new investor will see that as well.

I wish everyone luck , just feel differently about tossing limited funds at a tough market when the company already has a performing asset.