You make an excellent point when you point out
it wasn’t easy for D&B nor is it easy for any
business to obtain expansion capital.
The difference is a company like D&B already
had experienced staff and a few more locations
when they went public, but lets talk about FUNN.
The CEO:
The word that best describes Roger if I take
him at his word is inexperienced. Seriously
under qualified to run the company especially
a company that put out so many pie in sky
statements they could not possibly get to
such goals in that short a time.
AUDITS:
Roger’s nightmare on this front continues.
The accountant had already made it clear
he must raise the authorized to account
for the preferred shares. So there 2019 sits,
no way to know what is the hold up here.
FUNDING:
Ultimately why I have no long position.
The stock price will continue to be under
pressure because Roger has no other choice
for raising money at this time. The company
has revenue, but it won’t be enough to fund
expansion. If his recent inked deal PR had
news saying his new partners were investing
their own money then I would know they
believed in FUNN’s potential. After all, are
you not investing your hard earned money?
RECENT INKED DEAL:
How about some details Roger? No?
The guy gives new meaning to the word vague.
THE PINK MARKET:
Is FUNN the beautiful orchid that blooms
is this cess pool? Well, there are obviously
some who think so, but the equity stakes
some have in this from what I read is going
to make or break them.
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