"Ans: Well, If we were to receive such funding, I would suspect that at this specific time it would have to be done in 2 tranches. And if that was the way it was be handled, I would suspect that GTEM would not announce any funding deals until the second tranch was available because we would not want such a deal to be viewed as a solicitation for funding. But that's just an opinion."
I find this response to be implausible at best.
My line of questioning was ended at "Can't comment" regardless of the scenario presented, so in my opinion (based on past conversations with the company), your opinion is wrong.