Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Nuvo Research Inc -- Ignore unavailable to you. Want to Upgrade?

To: Joe Krupa who wrote (8394)	1/9/2002 4:29:36 PM
From: john.d	Read Replies (1) \| Respond to of 14101

Hi all, With the latest draw expected at close to $3.5 - 4 million dollars, together with the $2.5 million loan (that will rise to 6.5) and all recent draws, Dimethaid has raised well over $10 million. For a company that is supposidely on the verge of signing distribution agreements with partners in both Europe and the US that would likely exceed $20 million in total, this insatiable thirst for cash these days is a bit puzzling to me and totally out of character for this company. Is it simply insurance in the event things do not work out or could it be that Becky expects some delays ahead and needs to load up the bank account while there are still willing buyers? I welcome any other rationale explanations. John