Good afternoon, westt and thank-you for your questions. Financing a company at a discount to market is a fact of life for smaller public companies. Ultimately, financing terms come down to leverage. A small and developing company has to discount stock, while large established companies do not.
Remember, Braintech management and the board have every reason to keep dilution to a minimum.
With respect to your statement about ``If Owen could get the price above a dollar and fully fund the Company`` would create more enthusiasm may be true but also obvious. What you are not realizing is that getting the share price over $1.00 is not up to Owen or anybody else at Braintech. Rather, their job is to deliver the results that will drive market demand for Braintech stock, which creates enthusiasm.
Clearly, Braintech and ABB are beginning to deliver truly exciting results that have translated into the recent rise in share price. Escalating results, coupled with a great IR/communications plan, will lead to a greater share price.
Rest assured that Owen, the team, the board and Baldacci Communications are very aware of this potential and are implementing strategies to provide shareholders with the best prospects for success.
Regards,
AGORA