Pounce Technologies Inc. V.POI.H

SLYCE? More like Smoke & Mirrors for a corporate name

[smackdown71]

$100k in services rendered, but shareholders watch $2mill go out the door to BIG and professional fees. 

Based on cash burn, these guys come to the mkt for more funds in 2-3 months at 40 cents.

Thanks for the memories, and what is that saying....you could have kissed me first before you.......

[lscfa]

you need a remedial math class. $6.5 million in cash divided by $3 million/qtr cash burn = 2 qtrs or 6 months, not 2-3 months. And cash burn does not include the revenues which are ramping up.

[stack]

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[bullmarkets]

wow burning a lot of cash ..  12 million a year.. dont think i would pay 50 million for a company with 100k in revenue and losses 12 million a year.. This is going lower.  just my opinion so take it easy on me..