B-Scada Inc. (SCDA)

[linuspop]

B-Scada recently bought the domain www.scada.com for $180k. That helps get a high page rank organically when people search for SCADA info online. I've noticed they are also using google adwords for advertising. These things may work but hiring extra sales people should get the ball rolling faster. They have run a pretty tight ship and are competing against some huge companies with much larger advertising budgets. $800K at 10% dilution seems like a conservative and prudent capital raise to me if it helps generate sales. Of course we shareholders would all like better terms than 33 cents, but I guess thats what they could get at this point and they took it.

Based on the response to my question directed to IR, yes, I think the financing they agreed to with Yorkmont was "measured" in that they shopped around and it was the best terms they could find at this time.