RE:Funds Needed for Acquisition??Bacul6 wrote: The Press Release stated that the proceeds raised will be used for sales and marketing expenses, research and development, working capital and general corporate purposes. But judging by the length of this halt, it seems to me that the sales, marketing, and R&D may not be the intent of the offering. I'm starting to bet that it is for the latter two. In particular a strategic acquisition. If this is the case, then my money is on ARHT Media.
Yeah, I'm thinking basically the same thing. Hope it is ARHT, not only beause I have a fair amount of their stock as well, but because it would be a great fit. After all, if Nextech is already using their tech under licence, why not just go and buy them entirely if they are agreeable and be done with it