What this means??So, If I am reading this correctly and reading between the lines.
PYR issues financing, has investors lined up in no time to the tune of 10 Million waiting to invest including the CEO but the security commission looks into this and decides you guys have cash and lots of business in the pipeline so we are denying this application. The quesiton then becomes why did they ask for financing in the first place, possible answer so much growth coming they will need an infusion of cash to grow at an exponential rate. So rather than argue with the Security commision we will find any need cash elsewhere. Sound about right?