Fairchij: The company current has something like $20 million in the bank. They need $30 million. So when these deals that Peter is talking about are inked it is likely that they will be worth more than $10 million.

Yes, agreed, that could be a way to get to Nasdaq earlier. Perhaps a milestone payment or something. Still speculation.

Fairchij: Peter has already talked about having to do a small financing to keep the bankers happy. Let’s say he offers them 5 million shares at $5 dollars. That is $25 million right there. There is a reason why Peter is saying the NASDAQ in June. It is doable in several ways without using any RS.

Uh, but he would have to have authorized capital for a raise. As far as I know he hasn't, so he would have to seek permission by an AGM first.