Petro One Energy Corp CUDBF

The withdrawal of certain subscribers

[kha341]

Excerpt from the NR:
The difference between the amount raised pursuant to PP#1 and PP#2 and the $6,000,000 which would have been available to the Company had it received the final $2,000,000 for which KMDC was responsible is due to the withdrawal of certain subscribers who participated on the understanding that KMDC would meet its commitment for $2,000,000 by October 7,2014.

And those are subscribers who could get units at 25 cts + warrants at 37.5 cts, but they gave all of that up and got out nevertheless.