InvestorsHub Logo
icon url

smalltimetrader

10/09/11 7:25 PM

#34362 RE: seventeen #34361

You did do DD on who signed the agreement? I'm pretty certain the worst will happen.
icon url

Sharktnk

10/09/11 7:54 PM

#34366 RE: seventeen #34361

Nice explanation, however, you are talking worst case scenario. Of course if a company borrows 10M all at once and Southridge dumps it all at once the pps will be in the gutter. Doesn't take a genius to figure that out. Let's remember that it is a 2 year deal where they can draw AS NEEDED. You are not figuring product sales and revenue into the equation. You are not figuring expansion and MyPraize into the equation. The fact is, we don't know what Troy has up his sleeves because he has been so quiet. So, when you want to trample a company and someone's life work lets not forget that there are other factors that come into the equation. And after all, it is just your OPINION...



The worst case scenario is already present. What about the lives of shareholders that have been trampled believing in this company, what it is supposed to stand for and what has been revealed factually?