Rodman & Renshaw, page-32

There's some evidence that the company is proceeding, along the lines of NOT having to raise capital.
Note that the deals with Regience and Fujifilm both used equity as part of the deal. The key of course is getting the customers to pay for goods and services and not having to do equity-for-cash swaps. The events of this and last year shows they would prefer the Fuji/Regience deal rather than go to the market, and I agree. I suppose they can get more working capital and a more stable share price, from doing an equity deal with a customer (who will be more likely to hold onto the shares).

Hope that all made sense.