reduced expensesThey plan to payoff 12% debt with this offering. There was $25million in this debt outstanding so interest expense should drop by $3million per year or $750,000 per qtr. This should go directly to the bottom line. Of course, diluted share count is going up by 34 to 40 million shares. Should still be a positive for eps and reduce really high interest rates in today's environment. They may payoff other debt and get more expense savings but to a lesser extent.