RE:PROBABLY NEW STOCK OFFERING IN THE WORKS AT THESE PRICESThe already have a private placement deal with Alumina to receive $12mil available to them. Normally a private placement deal would be good but to be honest, this company is lighyears ahead of a lot of companies in this space of running a tight ship. 1 months worth of sales and a positive EPS. Not like they actually need it like a lot of the other companies.
I could however see them receiving the funds if they intended to use them for an acquisition or building etc. But again, as it stands now, the company is financially viable and doesn't need it for now.