this is what I got from the press release. a. That the money was in HK dollars. ( I could not copy and paste it)
and
b. They are going to issue convertabile bonds for a number of purpose(sort of a back to back transaction, where they issue a convetable bond, and then AXI issues a convertable bond to them,
and
c. AXI is not their only focus, so it is a bit optimistic to assume how much funding AXI is forecast to receive, as they have indicated tthey will become involved in trading and investments in business.
My point was simply that to many people only read and interpreted what they wanted to believe.
BTW...Seems selling at .34 was not bad, as you can get back in at .31....thats 10% for a day trade....heck of a lot better than all those that have been holding for months and who bought in at .50!!!