RE:RE:RE:RE:RE:Known Facts vs SpeculationHavgenvT - member since June 10, 2014 and you felt it worth posting incorrect inflamatory information!!!
HavgenvT - get your facts straight. It is NOT difficult to find a press release on the private placement for Mr. Xie with all the facts. A link to the 1st tranche from Mr. Xie is below! Get your facts straight before posting mis-information.
https://cnsx.ca/cmsAssets/docs/Filings/2013/QSL_140204_qsolarnewsmarch182013.pdf
"QSOLAR LIMITED FOR IMMEDIATE RELEASE
QSOLAR LIMITED ANNOUNCES FIRST TRANCHE CLOSING OF $1 MILLION ON ARRANGED
$10 MILLION FINANCING
Calgary, Alberta, Canada – March 18, 2013 (CNSX:QSL)
– QSolar Limited (“QSolar” or the “Corporation”) is pleased to announce pursuant to a press release issued March 13, 2013, that it has today completed the first tranche closing of the private placement subscription for an initial amount of $1,000,000 for 1, 333,333 units of the Corporation (“Units”) at $0.75 per Unit. The total private placement amount will be $10,000,000 for a total of 13,333,333 Units (the “Unit Offering”). The subscriber, Centrium Enterprises Limited is a British Virgin Island company, controlled by Mr. JunLiang Xie, a resident of Zhoushan, Zhejiang, China. The subscription contemplates three additional closings in several tranches over a period of up to 20 days from today's date.
Each Unit consists of one common share of the Corporation (“Common Share”) and one-half of a Common Share purchase warrant, with one whole Common Share pur chase warrant entitling the holder to purchase one additional Common Share at a price of $1.00 per Common Share for a period of two years from the date of closing each tranche of the Unit Offering. The Unit Offering is subject to applicable regulatory requirements and CNSX approval.