From Kobi's last letter to shareholders. "We also hope to be...

From Kobi's last letter to shareholders.

"We also hope to be able to strengthen our cash position with non-diluted sources that will assist us to achieve our business goals. UltraCharge has made major progress during the past 12 months and with strong technical assets, leading partners, a top research team and strong potential sales, we are heavily focused on continuing our efforts to scale-up our production capabilities to deliver a significant supply of lithium-ion batteries into the global market. This provides us with both short and long-term revenue opportunities as we look forward to strengthening our position as leaders in the lithium-ion battery market."

"Non-diluted sources" sounds more like a JV partner rather than a CR most likely.