AR9 1.20% 8.4¢ archtis limited

just received this in an email:PAC Partners are helping archTIS...

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    just received this in an email:

    PAC Partners are helping archTIS with their $1.5m raise to fund the launch of Kojensi into the US (after their success in Aus). More details below.

    PAC Partners has been invited to bid into a small placement for archTIS Limited (AR9) raising $1.5m* at $0.1050 per Share (*ability to take oversubscriptions up to $1m).
    In addition, AR9 intends to undertake a non-underwritten SPP capped at $0.5m on the same terms as the Placement
     

     
    Seriously??
 
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