RE:Well watched this all unfold. Sounds like a scam? Give me a break!! Post facts not feelings! The main header to the news announcement states "gatekeeper systems extends private placement" (stockwatch.com).
Doug wouldn't have pursued this deal without a background check. The deal is still on going as the news article stated, reference below. Sounds like they just need more time, but didn't want to attach a date to it.
"The subscribers to the Financing were unsolicited by the Company and have notified the Company of their continued interests in completing a financing in the Company. The Company will consider such financing interests if, and when, such financing interests can be closed without delay."