RE:$500,000 PRIVATE PLACEMENT FINANCINGINSIDERS.....loading up on the cheap. No way the CEO and his new partners wanted to pay 38 cents. Steve couldn't wait any longer. 22 cents ahead the deal closings. Free money for them. Hopefully will provide a floor for the share price. If your cost base is around 5 or 6 cents, then you like the support area at 22 cents.