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jakedogman1

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jakedogman1

Re: 1967_sojourner post# 11351

Thursday, 01/25/2007 4:03:01 PM

Thursday, January 25, 2007 4:03:01 PM

Post# of 346422
I don't know the answer. I can only speculate on financing options and why. 1. The data's bad so finance now. I don't think that's the case. 2. Do a small financing now to keep the acct's and cfo happy. 3. Get a shelf ready and do the financing as you release news. You get a pop in share price but immediate suppression with the financing news and dilution. Shareholders and markets are tired of this story. 4. Release the news and announce a partner deal with BP where the invest $30 mil for x shares. I think whatever road they take gets them enough dough for a year to get through the next plateau of milestones.

I don't know the answer but something is brewing.
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