I'd actually get if FC opted to accept VC money and gives a s certain return on a 'per contract' base, but I agree that diluting our current 400000 shares would be against the contract and contrary to the initial IPO promise!
If FC sold all the chips then he should have at least 10 million easily. How much VC money were you thinking of and what would FC use it for?
I don't really know to be honest... But I don't know how much they need to fund the development and initial tape-out, first batches, etc. of gen 4... I think a node size of 28nm or lower may increase the costs, compared to 40nm. Even if it isn't the latest technology. Also VC money may facilitate the deployment of, say, big time deployment using immersion cooled solutions!