As I mentioned in previous posts they originally wanted $25 to $35 million and only received $13 million.
Now lets assume this is a HOT issue and they raise $20 million more over-night. Then they would have $33 million plus all athe warrants that were exercised.
They will then be well financed right through total commercialization and will have no need to come to market again – at least for a few years.
Keep in mind, this is at $2 plus versus $1.40 so we all knew they wanted $25 to $35 million and now are raising funds at a higher range.
News 
Market Data 
Discover 
