WeedHire International Inc (WDHR)

[holt69]

Too bad this company won't be able to avoid reverse splitting. I think after the reverse split there'll be enough of an increase in income for the company to become profitable.

The good thing is that there haven't been any 8Ks filed recently (reporting additional convertible debt in order to get cash), so that means the company has been able to survive off of the convertible debt agreements it made in 2014. Question is, can it survive without entering into a lot more of those agreements in the future (meaning will they make enough money to fund the business, or will they need help via dilution like they have in the past)?

There's no way out from the bottom where we're currently sitting. Well, aside from reverse splitting. I'm hoping it will only take one reverse split for this company to get back on track. This isn't a bad company by any means, but unfortunately right now it's a horrible investment. In a few months, that could change quite a bit.