Sometime in the not to distant future, I will take a dilution scenario - Selling 5 million shares at $20 dollars and raise $100 million before fees and be in a strong position at the negotiation table when a BP comes in for partnership talks. Nothing like a combo of strong data and money in the company treasury to show BP that we don't dance to their tune and it is all about a truly symbiotic partnership, rather than an arm twisting by Big Brother.
To me strong data set is key - money will find its way into the company coffers, just like water finds its level.
"We will not receive any of the proceeds from the sale of shares of our common stock sold by Lincoln Park"
Are these shares being offered by lpc the ones purchased last round? They are just selling into market now I believe. Non-dilutive market cap wise, but float MAY increase quite a bit.
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