RE:RE:Bought deal, Private Placememt The money from DOCC is primarily assigned to the Delta operations. Maybe it's enough to cover the renovations and the long term, prepaid lease for the facility. But there are still going to need money for other ventures and for general working capital. If anything is happening in Europe, Australira, AAA Heidelberg, all these things will need cash to keep flowing. Plus, private placements and bought deals are a good way for insiders to get an edge because they generally include warrants or other attractive features.