RE:typically the dilution would cause a drop in sp but
I agree but this isn't much dilution.
It's a great sign that the company is only going back to the trough for the minimum $$ they need to get to the next milestone, thereby trying to keep a cap on the dilution.
if you go to level 2 on this stockhouse VRS page you might see a CEO clips icon - click it and you'll see the vimeo promotional VRS video they referred to in the NR. Neat to see.
Maybe the promotion rounds will start again - not sure how much traction $1 million or the total of approximately $2 million cash on hand will give us - but it's a welcomed sign. Finally the Core is getting some investor awareness.
Questions remain but good to see. Will 19cents be the new ceiling? only time will tell and at least with this financing - we have some time.
just my thoughts.