Imagine Intelligent Materials Raises $2m in Private Placement, page-21

some very confusing aspects here.
1. no announcement to the market and no update on the delay to first project by Imagine.
2. It is good news that someone bought $2 mill worth of ImagineIM. How much did they get for that $2 mill eg 10% 20% 40% .... at 10% it values imagine at $20 million at 20% $10 million and 40% $5 million
3. How much were we diluted and what is our investment worth now.
4. why was the first installation delayed.
5. if PAK was confident in Imagine why not get the $2 mill


not discounting what anyone has said but could PAK have raised another $2 mill to buy more of imagineIM...

i dont think so.

very disappointing right now. waiting for April for our first installation.

cheers contra