RE:Private Placement 2024My take on this, Management waited as long as possible to get next small round in the door, as they could have done this earlier at $0.04. The fact its a small raise indicates to me they are using funds to launch sales and revenue. No point doing large financings with stock at these levels. The fact they are protecting shareholders from dilution is positive, shows they are confident on moving forward, otherwise they would be raising millions instead of 100k's. With sales pending everything will change soon. I expect this offering to fill fast.
Good luck.