RE:RE:RE:RE:RE:RE:RE:RE:Dilution has begunThis is from the July 15th NR:
We anticipate closing on a larger tranche of funding shortly with investors who have already expressed commitments to participate. Such funding will ensure we are able to submit our application for marketing approval of our dermal injector, launch sales of the injector and consumables, and trigger the first milestone payment from our partner in greater China," concluded Mr. Buckler.
The word shortly is often used in these NR's which is totally nebulous. They are obviously trying to generate as much working capital from these Private Placements but they can't go on indefinitely. I would assuming they would like to provide a full update as soon as the audit is completed at the end of the month.