RE:RE:financing + new ceo is a big win for QNCEthanator wrote: I agree that dilution was needed. It was not needed to this extent though. Why couldn't the company have rasied even $1 million. Then in a year hopefully the price is much higher and we can raise onother million at much higher prices.
His relevant experience and expertise will help propel future development with regards to our miniaturization plans That means that for these $2 M raised with this high dilution they will put $750k just to develop that cmos chip. They better have interest parties before going forward with this.