Endra Life Sciences Inc (NDRA)

[Titan V]

That’s a valid question. I think pricing up offerings in small chunks as price improves is not a bad strategy for a small company that’s trying to limit giving away equity. Imagine if they had issued all the shares at $2.10 last month vs. only doing a little then and a little now at $3.90. We are better off this way even if there’s that thought of another offering in the near future. Perhaps it will come at a higher price.