Replies to post #14587 on Rim Semiconductor Company (fka RSMI)

[deeba]

austin, Again, as long as NV does not default on the loan, those shares that are given up for collateral will in no way cause any "unnecessary dilution".

I am voting YES for the increase in authorized shares.

For NV to even enter into a financing agreement like this tells me they have the goods, the tech works, and they are very sure of the success of the company.

Remember, all the executives also own shares, and they do not want any more dilution than is absolutely necessary to get us where we all want to be.


deeba

[pengy]

austin, You do bring an interesting perspective to the table, however the 4-8 month window closes at the end of the month after the annual SHM. I have no idea if we'll get a Tech update prior to that, but it would be nice.

Additionally, if NVEI were to put the Tech, or a portion of it up as collateral that may not even be possible due to the licensing agreement they have with Adaptive. That is an unknown factor that I actually just thought of while typing this reply to you. Also with putting up the Technology as collateral the terms can vary up to the point to where NVEI can lose control over the Technology and it can wind up in the hands of the financier, and that certainly would not be advantagous to us.

Of course I don't know any certainties of the scenarios listed in the above paragraph, but it is certainly something to think about.

Just a few thoughts,

Pengy