Private PlacementThe Company and Gravitas Securities Inc. („GSI„) have mutually determined it in the best interests of the Company to terminate Imagination Park’s pursuit of a GSI brokered financing. The funds received from the exercise of convertible securities is expected to allow Imagination Park to sustain business operations for a reasonable period of time. The Company may decide to pursue financing options if and when necessary in the future.
Private placement has been cancelled HMM.. .46 was a little cheap specially when the stock was trading at .60
Now with some more good news, we go up and higher, we can probably get better financing at a better price