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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. > Gonna keep on accumulating
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Comment by Arturs33on Jul 21, 2016 2:38pm
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Post# 25073335

RE:RE:RE:Gonna keep on accumulating

RE:RE:RE:Gonna keep on accumulatingLeafs4Life has always been a downer when it comes to this stock. The fact is tha Slyce is executing on their current plan and signing new companies at a fast pace which will bring them to cash flow positive in the near future. 

The last conference call stated that their current cash burn rate is in the area of 500k per month and it is being lowered all the time. Which, with the current assets would give them at least 5 months of operating  expenses if they do not increase their revenues at all during that time which is very unlikely. 

I've said it before. If you don't own this stock and you wan to put it down all the time, there is only one reason...."you work for the competitor" so why don't you get lost....

Just my opinion. 

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