"Funds raised were to prepare the company for production ramp up...

"Funds raised were to prepare the company for production ramp up and expand its production development team, among other uses."

lets get some detail here -

this should read with the addition of ---- 'if or when larger contracts are signed'

and, as to 'among other uses' ---------- well, when you see the words -

I call those 'other uses' -------------- working capital.


remember here - I still like the company and watch very closely --

but, all of these words - as you will see when you see the term sheet -- do 'not' sit happily with assurances from the top about no CR's unless for large contracts.

that's my judgement - others might feel differently.


I wait.