Today I read an article that "Aastrom Biosciences Plans Registered Direct Offering of 11.8 Million Units at $1.14 Per Unit" http://biz.yahoo.com/ap/071016/aastrom_biosciences_stock_offering.html?.v=1 1) What is Direct Offering, If I plan on investing longer time frame in this company is it a good idea to buy this offer. 2) How to I buy this offering. Can this be taken in IRA account. 3) Is Direct offering considered good/ok/bad for the company. thanks,