Rumours abound that Nanosys is currently going through a new financing round with figures in the region of $30 million being banded around. The cash is needed to apparently ramp up a manufacturing facility. As a result NNSY will be attempting another IPO next year, at an even higher price.
Theyll have to have a long hard look at the earnings estimates we saw last time around to pull this off. We detect the smell of worried VCs drinking in the Last Chance (for nanotech) Saloon.