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Thoughts on today's 8-K $FNGR convertible note. ➡️I have been highlighting for a long time Fingermotion's lack of cash, inability to collect on it's revenue and skyrocketing DSO. These are negatives for $FNGR speculators but the primary reason to focus on these issues is they pointed to a necessary cash raise coming, via equity or debt. With today's $5M ($3.3M cash up front) in convertible notes we see that play out, with the result of new debt with equity-like features due to conversion potential. This note has high protection for the institutional investor it was placed with, not so much for retail shareholders. Positives: 1) Quick cash infusion without immediate huge dilution (though potential later). 2) Helps with working capital, high DSO (slow collections), and operations amid losses/growth pushes (Teleforge). Risks: 1) Dilution: Conversion at/near current prices adds shares, pressuring stock price. 2) Secured & Costly debt: Assets pledged; expensive effective cost 3) Downside Pressure: Investor is incentivized to convert/sell into strength or force cash on weakness. 4) Default Risk: Tight covenants; breach accelerates repayment at premium. To CEO Martin Shen - we need action or communication on when the company plans to collect the skyrocketing Accounts Receivable. This is the primary reason over time that the stock is getting hammered. Can't collect on revenue, dilution is inevitable as is downward stock price pressure.@FingerMotionInc

Investors need to be bugging $FNGR CEO Shen on the DSO problem. The issue with Fingermotion is they book revenue and then never collect on it. Accounts Receivable soars, cash dries up, dilution or debt are the only way out. Martin must address DSO (Days Sales Outstanding) to investors. x.com/Tony_Denaro/st…




















