They claim to me that they did this because they have a poliicy of always trying to maintain two years operating funds in the treasury and the appetite was there NOW for this fundraising.. But I'm with Oregon on that. They already claimed to have $4.8 million in their updated Presentation a few weeks ago. I have followed, and invested in these guys, for at least a decade now. I hold quite a large position and added more at .25 cents yesterday. I will add more if need be. It just ticks me off that they have broken with their other policy of not diluting the sharehholders into oblivion.