Private Placement 1.5 million did not close per News Rele Do we have another case of incorrect News Release
Here are the facts:
On june 13 DM issued news release stating announcement of 1.5 million raised to close on June 27
on July 3 DM issued news release of raising $645,000 in what it called First tranche.
Therefore from the above first news release was incorrect has it made no referral to more than one Tranche.
From the above DM was not successufl in closing the 1.5 million In July3 it mentions First Tranche. Investors were not willing to complete june 13 1.5 million.
Is this another case of DM not reporting correctly or following up June 13 news release.
No mention of Second Tranche and does indicate that investors not willing to complete 1.5 and faith in DM.
What happened to potential loss of funds on july 3/
I have strong opinion on this but will defer comments for moment for others to express.
Comments Smokey & others