PEB - Pacific Edge Ltd

[Balance]

Genuine question for Balance and Winner. Do you think this company has a future?

Personally I think it does, but seems pretty obvious it will need a cap raise or bank facility of some sort to see it through to profitability.

It would be good to know who the recent contract was signed with and what the revenue expectations are from it. I actually bought into it at around this level in I think late 2013, a couple of months before it went bananas. Sold my last lot of that purchase around 1.55 and been in and out a couple ot times since.

Discl: not holding

It CAN have a future provided certain things happen - like delivering on sales.

The company has done well so far stringing investors, shareholders and the market via capital raisings with hype, false promises and fake sales.

At the current rate of spend, PEB will go broke unless it raises capital within the next 6 months.

Whether it can raise more capital will depend on its ability to sign a profitable contract with the so-called transformative customers. As previously written, I personally will not bet on it happening - given the company's track record and the healthcare turmoil in the States.

[winner69]

$8m capital raised in February 2017 - near enough from far off?

So without that $8m in Feb would have had only $6m left at March

[Balance]

So without that $8m in Feb would have had only $6m left at March

Yup - and by now will have less than $3m left!

[Hoop]

Hands up all those who break the successful investing rule of still holding shares during a prolonged downtrend.(39 months and counting).

[artemis]

Pacific Edge tantalisingly close to breakthrough sales, Darling says - NBR headline yesterday. Behind the paywall now but he also said that there are 4 contracts under negotiation and only one is needed to reach break even.

Unclear if that includes the one signed up, but assume no since the NBR item was only yesterday.

[BigBob]

Pacific Edge tantalisingly close to breakthrough sales, Darling says - NBR headline yesterday. Behind the paywall now but he also said that there are 4 contracts under negotiation and only one is needed to reach break even.

Unclear if that includes the one signed up, but assume no since the NBR item was only yesterday.

Here's the audio of the interview with DD....: https://player.fm/series/nbr-radio-n...-breakthroughs

A couple of months... or four to six... maybe... :-)

[Balance]

Here's the audio of the interview with DD....: https://player.fm/series/nbr-radio-n...-breakthroughs

A couple of months... or four to six... maybe... :-)

Reminds me of all the expectations hyped up by PEB and missed - hard to even list them these days as there are so many!

Still, 'several tens of thousands' in 2014 and delivering less than 4,000 has to be #1 ...!!!

Then, there's the 'last' capital raising to take the company to profitability - followed by 2 more!

And the latest will have to be the 'sales' which turned into 'receivables' which turned 'bad'!

[skid]

Geez....go away for awhile and its in the 40s..well,almost 50 still.. (is DDs talk in response?)

Of course no one knows whats going on behind the scenes but whatever it is ,its happening with a backdrop of talk of cuts to medicare.

Those dicks over there are not helping things much these days ,with their transference of wealth from the poor and middle class ..to the rich.

[sb9]

Big cross trade..

3

6

10:44:54 am

48

4,851,124

$2,328,540

Off Market

[trader_jackson]

Off market? Big insto selling or buying or both?