10,000,000 to buy at .012, page-39

Nothing behind the scenes I suspect.

It's a couple of things at least:

1. The apparent ease of raising money.

2. The new involvement as a 7% holder of Investmet that has a reputation of backing winners. That gives the company some gravitas! Note too that Investmet is to sub-underwrite the rights issue to $500k.

3. The possible perceived connection between I's investment and good results coming up soon - short term benefit. Add medium to long term too because this would be a medium to long term commitment for I as well.

There were some big licks today on both sides. Some of the last CR people (June) at 1.5c may have jumped. New blood in though!

I wonder how much day trading from DTs happened today!