InvestorsHub Logo

Hollyfan

03/28/17 5:02 AM

#14766 RE: ctvette2003 #14763

Putting in my 2 cents: He benefits if those companies keep loaning worldflix money. The problem is, the more money they loan him, the more debt conversions there is! WRFX needs to get off the hamster wheel and stop taking convertible money. Now, that is easy for us to suggest as we invested in the market and not direct. If we all invested direct, I bet WRFX wouldn't have this problem! This is a direct result of OTC's having such little options in getting capital when needed. Having said that, the CEO needs to hustle and find money elsewhere! Time to talk to VC's, institutions and long-term debt to companies with a conscious who won't pound the market. You listening out there chief? Get busy!