RE:Insiders must subscribing to Private PlacementWhoever is subscribing to the PP must already done it because the NR states it will close Thursday. I was thinking that million wall by PI could be them to prop it up and get even more under 5 cents. I think whoever it is will want to unload all at 5 cents or above quickly so look for volume after completed. With warrants at 5 cents they can unload the cheap opaper if they want to and exercise warrants for the actual profit if it does run up. Minimal risk that way if they can move the common shares fast