Oops. Who let the facts out? The Placement consists of an aggregate of 39,564,053 Units generating gross proceeds of $2,225,477.98. Each Unit comprised one common share of the Company plus one share purchase warrant
no wonder that 44 million number your made up smells bad. You pulled it out of who knows where.
Insider participation in the Placement includes $28,125 (500,000 Units) from Director, Stephen Petranek, $56,250 (1 million Units) from Director, Arch Meredith and $112,500 (2 million Units) from CEO, Paul McKenzie.
im surprised (not really) damdam, jamjam, and his other aliases and pals haven't attacked these insider purchases as some kind of sweetheart insider deal only available to friends and family!! Which would absolutely exclude him/them.