From a poster on Noka I just spoke to Nav on Friday last week. The price hadn't fallen that much since then, and I am sure the private placement was well underway at the time Nav said to me on the phone that there would be no such thing until the share price went up.
I can't believe any posters are defending him. I'm going to have to agree with our resident gumshoe. How Quakes99 could suggest anyone waits for the private placement sounds exactly what I would expect Nav to say at this point. Another way to support his company while he takes money from me. I am ashamed and embarrased of having been ripped by this young man. I thought I was better than that, that it couldn't happen to me.
I don't want to give you my sob story, but I swear to god, I'm a 40 year old single father who has sole custody of my child, I have a good job and thought i'd be a cowboy for once. I bought at $.145 after reading about how the Syndicate partnership was framed. This huge downturn hurts really badly. I thought i was too old for lessons like this as I have been very responsible for most all of my life.
Nav, if you're reading this, I just want you to know that I made a very big mistake believing you. I made a very big mistake chancing something I couldn't afford to lose. I am sick to my stomach right now typing this while I should be reviewing my son's homework with him.

I don't really have the words right now.