Pounce Technologies Inc. V.POI.H

Opinions about numbers

[Wallcrawler]

Are they going bankrupt? Lol cost cutting and losses at 7 cents a share. Did i miss something here. Revenue of 1.7 million and 11 million in costs for 9 months. This is going down the toilet.

[BumpInTheNight]

I just went over the financials and this is my thoughts on what's on my mind. - Revenue decreased - The number of clients being integrated is not keeping up with the demand of cash being burned - The company contiues to incurr 1 time fee's every quater that grow bigger. - No new's on govnt loan or debt It's unfortunate but I believe that's it for us. The 3 points have

[lscfa]

Squeaking by....working capital at July 31 was negative $632,507....negative $41,501 if you exclude the contingent consideration that is owed to Ted Mann as an earn-out which he will take in shares.... They received $90,000 from a 2nd tranche of the debenture issue after the quarter ended.....debenture not due until Dec 31, 2017 and its convertible... The question is why did the co. only seek $1

[lscfa]

some further thoughts.... the cash flow from ops for the qtr was negative $1.355 million or a cash burn of $450,000 per month...but that is the average for the qtr.... I believe May was higher than June and June was higher than July as more cost cutting continued through the qtr... It appears Roy the IR guy has been MIA since about the end of June and we know from sedi that senior officer

[Wallcrawler]

Our only hope is for a large cash infussion, but from what i understand mr chell has burned most bridges and im guessing BIG is just bleeding the company dry. Id like to see erica fired and BIG told to beat it. I also suspect that ted is just a puppet, im willling to bet that hes sorry he ever sold to slyce, and sorry he ever meet mr chell. Erica has absolutly no experiance and is the coo. BOTH OF