I don't know PV,
I agree to a point, but I can also see the need to keep the intracasies of funding operations under hat to a degree as to not tip your hand to the competition until things are accomplished. They have signaled the need to raise 3-5m in their communications to the shareholders via the disclosure.
Normally I would have fled as most investors would have until the dust settles, (And that is what usually happens.) I feel confident though, that the product/services will more than compensate for the temporary addition of shares.
jmo