Posted On: 08/25/2015 3:03:36 PM
Post# of 5115
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Re: Steve White #3253
Toxic financing is common in penny's. and often start up capital is needed. ceo's are not always aware of the toxic lenders but soon find out the hard way. However, that doesn't mean they can't buy them out as they start generating rev's which often is the case. if they do and fins show cash flow positive then it is only a matter of time.. The pps may suffer as the company grows and may keep bigger fish away but like many take a few years to established before moving up. Takes time on this level.
So that doesn't exclude the possibility for Wogi to do well in the future.
So that doesn't exclude the possibility for Wogi to do well in the future.
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