That may be true, however they did go with another high interest loan in place of added shares, and also included a royalty payment for each future eVU unit sold.
If they don`t start selling enough of the new units, in addition to some IFE units, how many we don`t know, they may indeed have to offer more shares. It`s a matter of generating the revenue to offset the total costs, which they have failed to do so far, but they are getting closer.
We should know a good deal more by the end of the current quarter.
OZ