RE:Now pegasus28 is telling us he survived the Titanic -I try to be positive when it's warranted.The president buying into a private placement can be a good thing or a hugely negative action.It has to be put into the proper context.My personal take of the situation is that there was so little interest in the PP Shaun had to put his own money into it just to keep the company afloat and avoid the appearance of desperation.If i'm wrong,so be it.I also still maintain that if we don't have a generous financial backer ccome on board in 2016,that'll be the end of Cumo.We'll simply become insolvent.Fade away like so many others.If i'm wrong about this as well,so be it.But i'm conv inced i'm right on the money about this situation.