ImageWare Systems, Inc. (IWSY)

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You are 100% correct. Excerpt from Miller on today's conference call

You may have seen from our filings with the SEC that we recently filed three shelf registration statement to provide us with $15 million in registered common stock which will give us greater flexibility to raise additional capital as needed on more favorable terms than through unregistered offerings, $2 million of the $15 million applies to the $2 million raised in September leaving $13 million for future requirements. Additionally, we have $3 million remaining on our line of credit if needed.
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