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more MVIS dilution -3

19:13 27-Dec-19


MicroVision has inked a new ATM agreement with Lincoln Park for up to $16M worth of shares.  $1M of that is being sold immediately at just over 65 cents per share.  Presumably it hopes that if filing on Friday night is the standard strategy for avoiding notice, then filing on the Friday between Xmas and New Year's is even better.

AR/VR development is gathering steam, and getting more exciting, but mainstream consumer acceptance does NOT look like a 2020 event.  Time and funds are more important for MicroVision at this juncture.  Either the company gets a rescue package from the likes of Microsoft or it's headed for the pink sheets.