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MrBlackLungs

11/18/15 3:58 PM

#3573 RE: pauly3 #3572

When taking into account future growth, that thought process can be seen as logical. However, in a sense of now based off the financials. 2.4m in revenue compared to 2.9m in operation cost means they lost 500k for the quarter. Unless they wish to pay back the loan with actually revenue ( which would put them down 1.9m for the Q) they will have to agree on trade in convertible notes. These notes are given at par value, or .00001. In other words, that is a massive dilution block in which they will want to get rid of. Obviously there has to be buyers otherwise slow Dilution will sink the price lower until the sellers are content. I don't mean to ruin your future hope, just telling you what has to happen. There will be more shares available at cheaper prices if you truly believe in the company