About $11 million at $1.42.
"The Company expects to use the net proceeds from the offering for working capital and other general corporate purposes. The Company may also use a portion of the net proceeds for licensing or acquiring intellectual property or technologies to incorporate in its products, capital expenditures, to fund possible investments in and acquisitions of complementary businesses, partnerships, and minority investments."
Hmmm, I wonder if Lou has been talking to his former colleagues.