Nanosphere (NSPH)

[learning curve]

What's the meat got to do with it?
An additional $15m in S1a?
Is there a battle for position going on?
Imo, this is now outside the box of warrants - overhang....

With $35m in funding ($10m second tranche from funders) combined with $25m of S1a; the company could be cash flow positive prior to any new round.
Note the $10m covenants will be met; question is will they survive till then? And will better terms become available? Therefore Nsph does not execute? Could the same be said about existing warrant over hang?

The increase in desired/acceptable funds says the above is very possible....atleast 3 parties at the table....but the current derivative market situation may get tossed out the window completely.
This derivative aspect has taken on a game of its own....(for example) they raise $4m at $1.00 share; there are not enough shares in open market to transact.