Hi Tango
"no they did not envisage anymore and had enough to cover their needs".
I don't want to go down that path because we have been there before but the above doesn't say "no more" to me but it may for you.
The 15% is a common practice with a lot of companies, if you tie there hands and they do need cash then they have to hold another meeting and go through the same process they are going through now.
If you seriously think that management wan't dilution then I guess you have the option to get out now before they do.
Anyway thats it for me on the subject.
Cheers Whisky
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