Rim Semiconductor Company (fka RSMI)

[WHP03]

jjz you've been diluted far more than a VC would have diluted you 2 yrs ago when the deal could have been struck, assuming NVI had something to deal with. And further more, the current death spiral will dilute you 200-300% further before it's over, and they're still going to have to raise millions more, with still further dilution, to produce something saleable, should the "beta FPGA be viable"... assuming we every see one, which given NVI's track record - is doubtful.

Look at the base we're working with for future funding.... 3 cents? Would have been far less dilutive at 30 cents... or $1-2, don't you think?

It's all water under the bridge now... we'll never know what could have happened.... NVI balked, and we're all paying a substantial price for it IMO.