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Monday, June 14, 2004 2:57:00 PM
Lacking any other viable way to raise capital, the company can either burden itself with excessive debt (assuming anyone will loan them $) or sell shares... if you have a better suggestion for raising much needed capital, I'm certain corporate America would love to hear from you.
Remember, the funds are not only for paying the monthly bills but also for aquisition of new technologies such as DarkNoise. Sunncomm has been heavily shorted exactly because what they have managed to pull off is exceptionally rare. If you have been to the company and seen how they have elected to spend the money you might be willing to cut them some slack rather than complain over a small and reasonable amount of necessary dilution.
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