Iota Communications Inc. (fka IOTC)

[madkapperaz]

Despite the good things happening behind the scenes, it's hard to ignore the drop in PPS.

In one of the recent radio interviews or print articles with our CEO he said that IOTA would be needing to raise $15M from private and public markets if I'm remembering the interview correctly.

$15M at this level is quite a bit of new shares but would put the company in decent shape with cash for building out the network and monetizing it.

Compound that with retiring of debt and it would be healthy from a financial statement standpoint, but would come at a considerable cost from a dilution perspective.