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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 titanicleser on Mar 02, 2016 6:15am

Numbers

Expenses down 40%
Revenue up 27%


Not bad!
Comment by Leafs4Life on Mar 02, 2016 2:33pm
If this is "not bad" can I ask what a "bad" quarter would look like? In this "not bad" quarter the company lost 1.4 million dollars.  1.4 is a big loss considering they only generated 1.6 million in revenue in the past TWELVE months. For the year their general and administrative costs alone were 1.6 million... that's before you include the 5 million they ...more  
Comment by titanicleser on Mar 02, 2016 3:34pm
Everybody knows that this was a bad quarter at all... but not as bad as many expected! They reduced the costs compared to Q3 much more than Ive expected. In the conference call from October I heard that the reducing of expenses will impact in Q1. So I am suprised..