Instead of a cap raise, diluting me by another 40%, let alone the further loss I'm going to incur due to this unfavourable 4c, how about the BOD just tightens the belt a little?
For their shareholders. You know.
1.3mil in revenue per quarter is actually somewhat more than I expected to see though so.. that's really good.
Regarding this
"is taking a very measured approach to capital raising on a strictly as need basis"
If they have people willing to put cash into the company in exchange for shares, perhaps.. do it at a higher price.
1.2 million is chump change in the context. But 40% more dilution sure isn't chump change to many of us.
Come on guys. The finish line is there you know it and see it. Throw us a bone.
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