RE:RE:Bad decision The dilution is not slight....it is in the 35% range if you count everything, more if you dont.
You will probably be correct that the stock will be a winner, but the dilution is a price killer. You will get less $ for your win with each dilutive financing. I have to agree with another poster, who suggested an incremental approach with the financing. Why not do $15 million at .87 cents, and another $25 million at say $1.50 next year? Much less diltution.