General Comments & Banter, page-12701

I think that would be understandable. If holders are managing their portfolios classically they would be keeping something in cash for a larger global event some rainy day. Given the performance of small caps lately probably the only other option would be to sell some of ones staples. A lot of holders probably feel they have enough skin in the game. Its probably why its under written for the amount they ACTUALLY NEED and anything above that just helps. The purpose of the under writing is to show confidence but it is true most holders don't have a money well. If they get $4-5M I think that is a good result. Of course if it doesn't raise the full amount the vampire killers will be in here with their wooden stakes so holders need to be prepared for that.

Re-reading the Q&A it is pretty obvious to me management is trying very hard to look after us with a good deal and doing that means time. Not just signing up for anything to tick a box.