TSXV:POI.H - Post by User
Comment by
TheFactsAbouton Nov 21, 2016 10:05am
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Post# 25488945
RE:RE:Meeting of Security Holders
RE:RE:Meeting of Security HoldersHummm... my guess is that meeting in December is to inform common stock shareholders that SLYCE activities are stopping - end of game.
There is no more cash. There are no funding prospects right now. Quarterly results are really bad with regards to extremely high cash burn. Little clients and very little revenue compared to competition (specially Clarifai which just managed to raise $30M in equity).
I think SLYCE will inform all of us about the close of business and end of game.
That's it.
If there was any good news, Slyce would already be communicating via press. If there was any new funding to vote on, the meeting would be much earlier. This special meeting is set to when there will NO more cash left. So for me it is very bad news that will be anounced.