Badge, just curious what your scenario looks like
Post# of 32646
Taking into account all the options and warrants that will eventually be exersized along with the shares issued and the capital raise. We simply don't have enough authorized shares to accomodate that.
I guess if you raised money at 3-4 dollars a share, thats 7-5 mill shares respectivley plus another 3 mil or so for the $10 million. So then you would have only used have the remaining shares avaiable. That's doable I suppose, however, you still have the issue of the warrants and options. At that point you would have to raise the AS considerably, which might not be all that bad.
I suppose it's possible but because of those reasons, I see the RS as a pretty definite thing.
Anyway, would like to know how you see it.