Ann: RENOUNCEABLE RIGHTS ISSUE TO RAISE UP TO $8.15 MILLION, page-4

i am happy with the outcome as if you are a long term holder and believe in the tech the company needs cash now to build inventory as FAA news is on the horizon and on this new placement stock goes into the hands of those holders long term existing shareholders and then you get rewarded with a options also ....yes some people might sell 10% of their holding to exercise the rights but if you have been watching the stock and want to invest and get stock now at 45 cents and want a option at .90 cents then it is time to buy on market .. better than stock going into fresh hands looking for a quickly flick ... for the company to do it now just before possible FAA and other news might suggest that of those POC that we know have been doing their testing in the background might be ready to place their first order once FAA new delivers and ELS needs to have HAlos ready and the next batch in production .. maybe what we don't know is of those deals already in place like Kinetix and Alena maybe their indications of what their orders will look liks for the start of 2021 have forced teh company to raise now giving ELs e over 10 mio in the bank.... very happy holder