Re: Dilution concerns.
Don’t be concerned. PTK has burn until next fall/winter at current levels but also remember the warrants that are out there.
A series of warrents were issued at .35 or .50 (drawing a blank on the first trenche) and .75 in the last 2 PP's. If and when this stock is over .75 many investors will activate their warrants options providing 10's millions in cash to PTK to fuel the company much further.
Also, a licensing arrangement with BAE (or other) can fuel the company as well.
I think the key is for the firm to get the SP over .75 by summer after which no new funding will needed for many months.
.....I don't think .75 by summer will be a problem.. <grin>
50X performance....