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Bullboard - Stock Discussion Forum 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 Discussion

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Post by thedave2006 on Dec 02, 2015 10:24am

mmmmm

so called fake take out bid and now major dilution......
Comment by StyllLerning on Dec 02, 2015 3:44pm
I will admit I am surprised by the method of financing they are going through with considering the mention of a possible US investment or 'creative' financing with clients.  My suspicion is it was a tactic used to buoy the SP while negotiating the best terms they could. However it was a necessary evil and you can say what you want but they were able to raise 9 million dollars in ...more  
Comment by HagenvT on Dec 02, 2015 4:22pm
Good post. I agree.  At last, common sense is coming back on the board. I send an email today to the management, asking for the actual business reasons, why they needed to rise additional money. I supposed it was higher costs because of (bad) lower revenue or higher costs, e.g. of development, or delayed payments of clients (I know that from my bigger clients) or (good) faster growth, maybe ...more  
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