Pounce Technologies Inc. V.POI.H

SLC seems plagued, hopefully not doomed

[NotFreddie]

The fact that Slyce has been a victim of a bogus offer, and halted trading does appear to bode well for it. I feel if management and the company wasn't spinning their wheels they would not have been a target.

I am long, but don't wish to be "long in the tooth" before SLC begins to show any life. The last few days have left me wondering if one would be best to move onto greener pastures.

[HagenvT]

Patience is a virtue ! ... We liive in a time where everybody lost patience. There is no need to rush at all. Rushing makes you sick. Slyce will be profitable in 2017 and will be a billion $ company before 2020. Note this in your personal calendar and remeber it, when time has come. I am dead serious about that.

[Leafs4Life]

They might be profitable in 2017 but they will run out of money in Q1 2016 if they don't raise funds (this is what they said). How will they raise money at these levels? They did a private placement at 46 cents less than a year ago. Every banker who has touched this thing has lost his shirt so far. The next financing deal might be a bad one for shareholders. The bankers and financiers will

[lscfa]

Stop misleading with selective disclosure. They also said they are looking at "customer based financing".

[Leafs4Life]

lscfa,  With all due respect, explain to me how customer based financing is a good thing for shareholders? This is not selective disclosure. The company has less than nine months worth of cash by their own admission (and that is conservative, probably less than six).   Why would they get a good deal from this 'customer based financing'?  Anybody willing to put money in

[lscfa]

Customer based financing was previously discussed if you would care to look it up you lazy basher. It will avoid dilution of current shareholders. Large retailers that sign 3 to 5 year contracts will prepay a year or 2 of monthly licensing fees for a small discount to full prices.

[barack]

I got out when I first saw this video last year.. bye bye shareholder cash. https://www.theglobeandmail.com/report-on-business/video/video-the-amazing-space-slyce-in-downtown-toronto/article21238281/

[lscfa]

Neiman Marcus expanded its deal with Slyce from just the shoes and handbags sku's to all its sku's. What the hell does that tell you?

[Leafs4Life]

It tells me that Neiman Marcus did not want to have a feature in their app that didn't work for the vast majority of its products.   I understand that you have a bullish attitude about this company but pretending that problems don't exist doesn't help anyone. If people in large numbers were using the product to complete purchases, Slyce could send the stock up 50% overnight with

[ruben12345]

Good points... next question is how to make (enough) money out of that? HArd to see happen