Msx worries about the previous rounds to raise seed money. That's normal for a real goer - I think Facebook holds the record - if you go early, you get less, if you go early you need to go to the market again and again before the real chance of going commercial. If you go early with a real deal you run the risk of investors losing patience and you have all kinds of trading halts leading to sound and fury and lots of traders... No, there was early speculation that 14D would seek to raise $15m - not enough for the follow through this pioneering technology requires. And Msx, for heaven's sake, Mr and Mrs Escrow will have something to say to you.
