PSYC Corporation (PSYC)

[FreddyJ_30]

There will likely be 500 Million shares of dilution coming this year. If there is any prospect of this company succeeding, you would think that the 2 new equity stake holders revealed in the annual report would exercise the warrants they've both been given at .0031 and .0025 respectively.

So we're very much in the thick of the swamp still. But on a brighter note, if they make it a habit of beating revenue projections and do so for Q1, I can see the company's business model stabilizing by Q2-Q3.


With possibly 2M dollars of cash coming from these 2 new investors and Q1 revenue that beats 150K, they could really start knocking out that bad debt on the books. Almost to the point where they can become current on their debt obligations. I'm thinking that could happen by end of this year if they don't trip up on revenue growth. But until I see Q1 numbers and the audit, I think we're gonna remain in the dark trying to figure out this company's intentions, valuation, or future potential.