Thursday, May 18, 2017 9:22:50 AM
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=131458205
IMPORTANT KEY POINTS:
There is some potential with significant revenue.
Texhoma Energy established a wholly owned subsidiary, a Fashion Application "start up”, with an international vision.
Texhoma Energy has funded the legal costs and set up costs.
Texhoma intends to efficiently develop the IT platform and will seek co-funding for the first stage of development of the strategy
Through an online shop? Low investment.
Online Fashion Sales Market Size: $4bn Revenue
https://www.ibisworld.com/industry/online-fashion-sample-sales.html
For all companies, it's the prospect of potential revenue with growth that determines the share price.
That applies to all listed companies from OTC to Nasdaq.
A non-listed company, if they want to expand, they ask for a financing at the bank and with business plan, on approval,
they get the money.
A listed company can finance it by issuing more OS shares and
only if there is enough space between OS and AS as an example
3.5 billion AS and 2.5 billion OS gives enough space to issue shares.
So depending on the new business plan it does not have to be bad for future share price
Effective August 31, 2016 the Company successfully renegotiated all of its outstanding convertible promissory
notes to extend the due date for one year, with all expiring August 31
https://www.otcmarkets.com/financialReportViewer?symbol=TXHE&id=172067
New projects:
1- Where2Wear is the best way to, virtually, locate, research, and ultimately, review a specific brand or shop, anywhere in the world.
From the comfort of home, or on the go, using Where2Wear’s social application, users can easily locate shops, which carry a specific apparel brand, and after acquiring the destined apparel, tell others about the total experience-from brand, shop, to service.
2- Texhoma Energy established a wholly owned subsidiary, a Fashion Application "start up”, with an international vision.
Texhoma Energy has funded the legal costs and set up costs.
Texhoma intends to efficiently develop the IT platform and will seek co-funding for the first stage of development of the strategy
Never buy or sell based on anything I post - MY POSTS ARE ALWAYS JUST MY OPINION, regardless whether I include that in my post or not. I am not a financial advisor and anything I post should be considered only my opinion at that time.
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