Actually, they did say they would raise in march (in the 4C...

Actually, they did say they would raise in march (in the 4C under sufficient capital to run notes)
So they pulled the trigger a little earlier.
Then in the webinar, Craig said that the final raise would be large enough to carry through to self funding.
So, now I'm thinking its a small raise to carry through to the NASDAQ IPO.

SO in short, no they never said there wouldn't be an intermediate raise.
I doubt it will be at a premium either as Craig scoffed when I mentioned it in one of my questions.

Anyway, they needed the cash and now they have it. Lets hope we didn't give to much away. I still think its better to get it out of the way. That way, when news breaks positive we have a clear airway and not the overhang of an immediate cap raise dragging at the share.
They need to get this moving so the big one comes in at a descent price. Craig indicated that was the goal when he answered that he hoped the price would be much higher after certification and prior to the big raise.

Hope that explains.