betterU Education Corp V.BTRU.H

deception

[SirHumpsAlot]

When you read this it is not immidiatly clear that BTRU collects NO money from this PP. They collect and immidiatly give it back to buy marketing. The marketing that has translated into how many sales so far?  I wonder what the mark up is on that marketing.... Perhaps BTRU is getting $1250 worth of martketing for $1,250,000. Honestly, with the BTRU sales record, the marketing is not even worth $1250.

betterU is pleased to announce it has completed a $1,250,000 equity investment by HT Overseas Pte. Ltd., a wholly owned subsidiary of HT Media Limited, (“HT”) for the purchase of 2,976,190 common shares of the Corporation at $0.42 per share (the “Private Placement”) with a hold period expiring on May 17th, 2019. As previously announced on December 21, 2017, HT’s $10 million investment is provided to betterU in eight (8) tranches over two years, this being the 3rd tranche with the full investment immediately being paid to HT’s Media Groups by betterU to support betterU’s mass marketing efforts across India. Over the last year, HT’s marketing investment in betterU has resulted in an increase of partnerships and the content required to support our efforts in building betterU’s platform: Education for All.