Yeah Foose, preferrably Colorconn and/or ACG will be providing INFLUX of cash soon. Then no need of a public or investors' rights offering to be issued. HOPEFULLY. Either/or going to delay our future, and, I have been ready to buy more on THE NEWS for a while now. NO NEWS is a little shaking, but I go on.
My favor for the rights issue vs. Private Investment Public Equity (PIPE) primarily personal greed, and then your point on it being more detrimental to Stonybrook than re-PIPEd issues by some investment group. On a rights issue, most positive aspect gets to be NO UNDERWRITING FEES. On a rights issue, probability of NOT achieving scale of sale needed is high.
So we stand at the end of the quarter. We have backdated NEWS before (e.g. ColorConn agreement, several others). See what after-close hours brings to us.
Happy Fourth to You and Yours over there in Orlando.
Hot here too.
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