alea, it's so hard to know what top management really knows about what volumes are shipping when...we are sitting here in the dark speculating/hoping. It's just so hard to tell...what if Cubic/Maximus or some WXP or SignOn Line thing is coming along also?
With respect to an offering I suppose they could go for $20-30M (or more) if getting enough to keep the doors open PLUS extra development capital is their strategy.
Assuming there is probably about 65M total outstanding (including Series H/Redwave) it's easy to construct various dilution scenarios, beginning at $1.
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