FJ wrote:
"Lots of talk about no silver lining today and the worst possible fears. I think that is completely off the mark. The timing sucked from our perspective and the terms were just awful from any point of view but the outcome I think will move this company very quickly into a ramp up of production with existing products and future products."
Here's the problem with the above, FJ, the inference I draw from what you said is that the money raised will quicken the pace of sales and/or development. That's fine, but if all they needed was money, they could have done a rights offering and gotten plenty. No, there's something beyond that going on, maybe management thought this was the cost for getting into a more exclusive "club" regarding visibility.
Will look forward to your further summary of your talk with Mike W.