B-Scada Inc. (SCDA)

[linuspop]

I think the money will be used mainly for general marketing of the new Status Enterprise 2.0 and to add more sales personnel. They also plan on expanding their software offering as per the filings, so more technical staff wouldnt surprise me.

An acquisition wouldnt be out of the question but not sure what an extra $800k in the bank would get them. Not much. I'm hoping they land some significant deals like the $2M contract they got a couple of years ago. That would help MOBS put up some good EPS numbers and these 2.4M shares of dilution wont seem so bad when we trade over $1