Well if there was any good news due in quarterly or from sales they have made the decision to raise more money with a capital raise before it flows through.
IMO this business just absorbs cash it seems and is so slow to pick up business. Very interesting if the raising is to satisfy a specific order and if so why a bank won't finance it as they must have a quick turn around with manufacture and sale now and low holding costs of stock. Let's see if they tell shareholders anything in a presentation or stay stum. Without quarterly or a presentation it would be odd for anyone to tip money in on information that is currently public.
If they are buying another business or something with raised cash??? Warning bells will sound IMO
