Dew,
23 November is a lot longer than 14 days from last Friday. Shouldn't we be viewing this possible dilution as Plan C (or D or...), that is, doesn't the timing of the meeting at a point where they are projected to be very low or out of money mean that it is just a back-up plan to be used only if the other options fail? If the scheduled meeting date were much sooner, I would be more worried. My observation is that the Cortex management has been burnt enough to realize they need to keep all of their options open.
Thanks.