RE:8% Brokerage COMMISSION On FINANCING Is ON THE HIGH SIDE !8% is the standard average rate, not high or low. Keep in mind they accepted and received broker warrants exerciseable at same $1.57 / per share in exchange for the cash. This means they have vested interest in the share price appreciation and may earn them multi times its cash. As for the 2% , commission to existing investors, this is a normal practice and they call it a "Presidents list"..and the broker accepts this rate as its handling makes it earier for both parties. All good here in my opinion. This best effort so-called deal was an easy sales transaction and negotiated prior to the initial news announced on Jan 7th. This all most looks like a "Bought Deal" transaction, only it has attached warrants offered. There's no question, Verses needs money, like all start up, early stage tech companies do and Verses is no exception and will need much more going forward as they continue to validate their technology. Hopefully the next large round is done at much higher share prices, and I suspect it will be, if and when they firm up their "AGI" and launch their Genius platform commercially. Just my opinion, on how I see this financing. All signs are promising and only time will it prove out.