Thursday, April 23, 2015 10:10:38 AM
Is that they dilute us to death before getting to profitability. How many more rounds of financing will they need over (hopefully) the next 12-24 months? Perhaps by then profits from operations will be able to be utilized for growth. Lots of these micro caps get all screwed up with dilution, it would be a shame if ENCR ends up as one of them. So far it's been minimal and the rest of the picture looks great!
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