private placementwhat a load of bird poop 1.50 financing yah right ill buy this stock at 1.10 and you can have it at 1.50 this is nothing more than insiders blowing off cheap 20 stock when they finish blowing off the paper than they will reload with a 50 cent financing after laying out all the people who bought their 20 cent paper at 1.50 go short and prosper boys