David Lucatch Intertainment Media Inc. ("Intertainment" or the "Company") (TSX VENTURE:INT)(OTCQX:ITMTF)(FRANKFURT:I4T) is pleased to announce, further to its press releases dated August, 28, 2012, that it has completed a non-brokered private placement of 12,500,000 units of Intertainment ("Units") at a price of
.20 per Unit for aggregate gross proceeds of $2,500,000 (the "Placement"
"David Lucatch, Chief Executive Officer and a director of Intertainment, acquired ownership and control of the 2,500,000 Units issued under the Placement.
So typo error in the NR? He acquired 12,500,000 ?
If that is the case then I am in.