Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Pounce Technologies Inc. > I would like an update on the financing
View:
Post by Leafs4Life on Feb 16, 2016 9:59pm

I would like an update on the financing

The 1.7 million dollar lead investor should be named. If he is an insider that might mean he is offering a lifeline to protect a much larger previous investment. If management is having trouble finding buyers for the remaining 5.3 million in the offer we might not be out of the woods yet.

We really need some clarity. I'd also like to know when they will release their year end numbers as well as the numbers for Q1.

This company is really beginning to piss me off.
Comment by Saintvitus on Feb 17, 2016 12:40pm
q4 and ye 14 were announced on feb 19/15. Maybe they'll include a financing update in the upcoming release.
Comment by Merovingian2003 on Feb 18, 2016 1:05pm
I think you are right on this.  Would make sense.  Despite dropping share price, will be interesting to track fundamentals such as revenue growth and cost cutting measures.  Perhaps some growing pains that a lot of businesses have to go through, right the ship before going on to be a success.   I still think if (and it is an IF) they get this financing done they can remove some ...more  
Comment by Leafs4Life on Feb 18, 2016 1:55pm
If they get the financing done the massive dilution will put a huge overhang on the share price.  I think this stock has as good a chance of going to 2 cents as it does going to 20.   Management has given us no reason to believe they can execute a business plan. Directors quitting is a very bad sign. They could be leaving because they don't want it to be on their record that they ...more  
Comment by Saintvitus on Feb 18, 2016 2:09pm
Never seen a long bash as hard as you, Leafs.
Comment by Leafs4Life on Feb 18, 2016 4:26pm
LOL true. I bash like a short but I promise you I am not short. I'm just fed up with the clowns who run this thing. What pisses me off is that I predicted so many of their failings on this board MONTHS in advance. Each time I was proven right...   I questioned the business model because I didn't think visual search would deliver enough value to the customer based on sales it would ...more  
Comment by Saintvitus on Feb 18, 2016 11:54pm
For the most part I agree, though I really think the dilution has been accounted for. Chell did mention at Launch Beacon 2014 that companies were more interested in data than providing visual search, but I'm concernced about their business model as well. They need to offer more, and do a better job all around. For instance, there's a visual search company in Asia called ViSenze who have a ...more  
Comment by enthusiast1 on Feb 19, 2016 12:10am
Leafs4Life, don't beat yourself man. You are not alone. Same as you, I tought that this company is a bust. I had only few posts, but same angle as you. Beside managment my scope was related also to the surrounding enviroment - economies are going down, all markets are on red, everyone is on fire sell no matter what. Yes the managment definitely had some big mistakes, but to be fair the ...more  
Comment by NewDenverKnows on Feb 19, 2016 10:06am
"SPEAK INTO THE STOCKHOUSE HORN SONNY!"
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities