MSB Holders Only, page-70

There are limitations of private placements. i assume the below rule will apply in this case. Note; this is under US SEC rules. it's interesting to read, it's unlimited funds if the issuer (MSB) doesn't participate in solicitation. If this is the case, we can safely assume MSB was approached. In the announcement it states the investor is from within the industry. Therefore, they would have access to information. This would have happened say 4-6 weeks ago or maybe longer. Which most likley it's AGVHD or CHF which would of triggered this.


Rule 506: An unlimited amount of money can be raised if the issuer doesn’t participate in solicitation or advertising. While an unlimited amount of accredited investors can be brought in, 35 non-accredited can take part if they meet specific criteria. They need to have enough financial knowledge or have a purchaser representative present to understand and evaluate the investment.