Max read more carefully. I think PISD comments are pretty much on target......and .5 million is $500,000. Don't forget the $1,000,000 (which net SGLB $900,000) from last October was a loan and has to be repaid no later than October at the $1,000,000 face amount plus another $100,000 in interest. They have a steep quarterly expense run-rate with little revenue coming in. We still don't know whether they have bought printers as earlier planned with any of the offering proceeds. If so, they may not have a great deal of wiggle room until the revenue blossoms or they are forced to dilute once again.