I agree, the company isn't necessarily on the wrong track. It's raising a relatively small amount of cash. If you believe in the progress they are making and the opportunity they have there is a lot of upside, particularly once this raise is out of the way. If revenues start ramping with the philips rollout and the options provide the extra cash required to scale up, well this is a great deal. That's looking pretty likely to me particularly in the 2-3yr time frame these options cover. That said, PME never raised cash. No dilution is how you go from 50c to 300 bucks.
4DX Price at posting:
42.0¢ Sentiment: Buy Disclosure: Held
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