We could get financing very shortly if the numbers are right
With the agreement I would not be suprised to see a financing deal done very soon. It all depends on the minimum and the forecast numbers for sales. The good thing is they signed an agreement and to be exclusive I would hope it benefits Spectrascience. Why I say this is it is rumored that Olympus is interested in the product. I hope MO used this as leverage in signing the agreement with Pentax.
This is the first positive news that has come out in a long time. Hopefully it continues. Exclusive agreement is still a concern without great support from Pentax. I will continue to hold. I would like to hear what Edwoods has to say about this if he is around. I always enjoyed his updates and opinions. GL
Good - your logic makes sense and in my conversations - yes - they did elude to the fact that Olympus IS interested in their product, and because of the exclusive it would have to be purchased through Pentax. It would be nice to know the minimums, however as stated it will be a "raise" over this previous year. How much? I guess we have to wait. - "...in seven European countries scheduled to begin in Q3, we are well positioned to meet or exceed our sales forecast.""
I want to see this thing at $3/share or much more, again some day. In the next 2-3 years would be nice.