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Pounce Technologies Inc. V.POI.H

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

Post by Soyousayon Oct 02, 2016 4:53pm
222 Views
Post# 25300155

They need to find a buyer...

They need to find a buyer...At a loss of $19M YTD with income of $2M, it's pretty obvious, no?   Either that or they drastically cut operating costs and/or raise more money...huge dilution though.   Believe me, I want them to succeed... I think they have a great business model and continue to sign up marque clients (who do their own financial due dilligence and must see something positive).  But that overhang is tough.    I didn't listen to the call on Friday.   Was there any insight into how to address the losses?
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