Shessorry,
I think many here would find the outlining of what they intend to do with the money pretty vague considering they wiped out the market cap of the company by more than 50% and diluted it by approx 25% since the Oct 12th NR.
"The Company intends to use the net proceeds from the offering for general corporate purposes, which may include, among other things, increasing working capital, research and development, further product and sales development, as well as potential business or intellectual property acquisitions in support of strategic growth."
Personally I would like to have some more details
Just my C$0.36 opinion