RE:RE:The ''bar has been set'' Hi Dave -two points of disagreement with your comment.
First:
a fund manager says we have X $ for you and the CEO says where do I sign.
A fund manager actually would say give me a steep discount and the typical micro cap CEO would sign. Clearly, this is not what happened at all. Dyment was in no way eager to sign as your post suggests as he forced the institution to pay a massive premium to current share price. Seems to me Dyment had the upper had here. Of all the raises I've seen, this is by far the most successful EVER.
Second:
May mean something is coming or may not.
You seem to suggest either possibility is equally possible. Considering the DD that must have gone into this decision and the direct line to Dyment, I would be VERY surprised if the institution has not been made aware of the pipeline, much of which may still be unknown to us, and upcoming key decisions. By locking the new shares for 4 months, they essentially are treated as insiders in a quiet period. So I think your statement contains a false equivalence.
With all due respect,
Hen