Honestly, I expect them to do another financing, probably in 2017. They have a shelf Prospectus good for another 37 million for a year and a half. I made a post about this right after they announced the shelf. It broke down how often they are used, and at which durations. I am pretty sure I said that most times the first traunch is taken down in the first 6 months.....which happened. Historically we will probably get another financing because DL will not have enough sales to support the entire company. Nobody wants to hear this, I know, but its is a strong possibility in my opionion. UNLESS.....they get some help on the revenue side with PTK products. Still, 2018 is a long way off........now the upsdie is that if those warrants get executed in 2017 we may not have to go back to the bankers before we start selling products in 2018. That may have been why they attached them to this deal, to alleviate the need to raise money again within a year.
BCD
