Friday, June 29, 2018 10:26:02 AM
Honestly, a little disappointed that they couldn't wait a couple weeks or even months for better PPS before initiating a raise. Obviously we need it eventually...
Otherwise I am in full agreement with BigT and CUIN; it indicates program is fully funded when warrants are exercised, which they certainly should be by the time they would need the last infusion of cash. Funded to the finish line is nothing but good news.
Glad to see PPS seems to be holding okay given the news and how many folks focus solely on the dilution instead of the program impact of being funded. Obviously none of us like the dilution; I don't like sending payments to Verizon and Comcast every month but it's kind of a necessary evil at this point, just like dilution for a development company to get funds. IMO, of course!
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