Hi Cozzie,
a placement of 1c ! I called to the company today and asked about the placement as $190K seems to be a strange figure!
They indicated that the placement was started earlier when the shares were .006/.007 and was cut short last week. (hence announcement today)
One would assume that if they started a placement then canned it they must be getting funding elsewhere or from other sources.
They indicated two more announcements due over the next couple of weeks. Maybe one of those will shed some light on the matter!
Cheers
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