Yes asf, thats right. They are just allocating more shares and...

Yes asf, thats right. They are just allocating more shares and handing over cash but the point is if they wanted to invest say $1 million into PIE, they couldnt buy at 2 cents on market as there is not 50 million shares on offer at that price so obviously a deal has been struck up to get into PIE via a Placement. Both parties win as PIE need the cash and the sophisticated investors get set at a level that wont push up the price.