The company has 8 mill left in the treasury and did a financing at a time that they were not desparate to go to the market which shows management has forsight and the fact that they were able to do the deal with out a warrant shows the quality of the project..

Also the presidents list allows them up to 1.5 mill of the finacing I believe, all in all this is great as far as financings go..

 

Cheers

 

omega