Koo
I was wondering the same. Raising $10,000,000 seems paultry in the context of the funding they really require and will last only a brief time.
I'm confused by "Overnight Marketing Equity offering"? I had assumed that Bloom and Burton would have a continuing effort in marketing as many of these shares and warrents and that last night was just the first event? I assume I am wrong and that there is not much interest.
I had assumed that Bloom and Burton would have large target clients that they would do dog and pony shows with? Anyway, it is over my head.
So if this is it then clearly it failed OR it is only a stop gap solution until some really big deal get announced...perhaps someone that believes in the science and wants to be part of it?
Toinv