RE:RE: $7.0 Million Registered Direct Offering"I thought that they had enough production to fund all the expanision"
You have it correct that this news looks bad, precisely because of the claim that production is self funding their ops. Continued dilution is guaranteed, and doing the offering at 10 cents under the market price doesnt just make it look bad....it really is bad for the present shareholders. Will share price soon reflect purchase price? Probably.