A new IPO that raises only 30 million ? It will take 800 million to get this project to fruition. Any new shares will dilute the existing shares. This was not a good deal at all. What happened to Nomura ? They could not even get the approval of a city counsel In the region that they want to build. Even If they did,they could not pay the fees. I have always supported and had high hopes for this company. If this Is the best that they can do after months of silence then they are In the wrong business. TS