Replies to post #10988 on PowerLinx Inc (PWNX)

[cabos_tacos]

Mad, what kind of financing would you have done?




dead man im glad u asked that guestion.

first off, i would have scaled my lifestyle down a little.
i would have held off buying large boats and downsized till MY LITTLE COMPANY generating some sort of positive cash flow.

and even though i cry about only getting 35k for all the work and pressure i had to put with , i d be happy with 7 million shares i gave myself.

then, i would have taken the 1 million shares, or was it dollars? i gave myself for design work and sold them on the open market as soon as they were available. i would take that cash and use it towards production.

and then instead of paying myself 2,000,000+ for pr i would have done it for minimum wage and used that money to , u guessed it! for production.

then id have sold the boat and can u guess what im going to say next?
used the money for production.

then i would have left the 500k in the company account.
if i cared.

and of course if i said that i was going to buy shares on the open market and loan the company a million dollars on a public forum id actualy follow through with my promises.

and if i didnt id explain why on the same public forum.

refinancing???? hmm
i have a novel idea.
does rich really believe that hes got the most wonderful product in the world.?

does he really believe that hd, walmart, etc etc etc will be buying in mass quanities?

then instead of diluting the shares and killing his shareholders.
lets see 7,000,0000 shares *.50= 3,500,000 dollars.

give back the 2,000,000 he skimmed to pay himself for advertisng a product that he couldnt produce. the 1,000,000
he skimmed for his design work.
have christy sell her shares. lets see how much cash would that put in the sevu bank? hold on

id say 7,000,000 dollars plus at no interest.

how many here and be honest. would put it all in their business if u felt as strong about the product as mr mcbride?

but if u were in the business of skimming and trying to take the company back u might want to do what is APPARENTLY happening now.

doesnt anyone find it strange that the pr had nothing in it about doubling the float.

and youll notice that mcbride as usual ducked the questions about about why he never bought stock, loaned the company, money or took 500K cash and didnt pay it back in cash.

remember the restaurant/ grouper story folks.

its there because some of cant seem to grasp certain business concepts.

heres hoping im wrong