I couldn't agree more, Snowkat. Stay away from equity raisings...

I couldn't agree more, Snowkat. Stay away from equity raisings to La Jolla, Springtree, Socius, Cygnet and focus on retail investors and strategic partnerships. The above players always say they're in it for the long haul, down for the cause etc. but will dump at the first opportunity.

Worse still is using 'convertible notes' which allow for manipulation and a prolonged strangling of the share price.

One possible option is to do equity raisings with an escrow period of maybe 2-3 years so they can't dump before then, perhaps giving the company time to get over the 'funding valley of death.'

IMO this company would have a high chance of success in any retail raisings. The initial offering did very well, the first 7 months have been successful and investors haven't become jaded from being tapped for funds year after year for little progress, as in some similar sized clean techs.

I am impressed with this stock and will look to enter as funds are available.