placement, page-15

Well the broker apparently wanted $2mill at8c. Seems like Genner didn't budge - so a smaller amount at a higher price is how it went. I'm just questioning insider trading for the guys that got the placed shares - a very fine line hear I think. They are prospective clients? Has it been announced to the market previously that these guys were interested in using BQT technology, or was it only ann. when they got their shares?
This company is far too dodgey for me. I would have paid 8c for $25k of shares - but no more.