"The Company also accepted completion of a small private placement of 7,541,941 shares raising $1,131,291, the allotment of 2,000,000 options exercisable at 20 cents and existing Options outstanding have been updated"
Does anyone know who these were issued to? It seems a bit opaque that management don't mention who these were issued to. Also why did they even issue these at rock bottom prices when they have secured funding with Dubai Group??
small private placement....
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