I truly believe that this increase should wipe away fears about the last increase to a large extent. There was not a massive issuance of shares after nor do I think any of us (even the doubters) can honestly worry that we are going to need something like a billion shares worth of financing. Even at current prices that would be over $1.7 million and clearly with our cash flow situation we just don’t need that much money to cover expenses for the foreseeable future. Smart financing for us is how Mark is managing it with little bits at a time. When our revenue hits big we won’t need it and that could happen soon so why would we try to raise 1.5 years or more worth of financing at one time? All in my opinion.
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My comments are only my opinion and are not to be used for investment advice. Please conduct your own due diligence before choosing to buy or sell any investment.