"If they are producing more than they are selling, cash burn is going to be an issue. They are only looking to raise 2M short term which is quite small, so they must be expecting demand to pick up next year." This is what I think is happening but in a positive sense! I also think that the amount they require is actually less than the 2 million or so figure! I think all will be answered before the meeting or closely there afterwards.
SLA Price at posting:
22.6¢ Sentiment: LT Buy Disclosure: Held