Playgon Games Inc V.DEAL

What is a Non-Brokered Private Placement?

[TheKingCobra]

I just did a quick search on Google.  For people who do not know what a Non-Brokered Private Placement is, please see the definitions below:

'In a non-brokered private placement, the investors place their money directly with the company. This saves a lot of money on fees for the company. Non-brokered financings are typically done by companies with access to good contacts and networks. They have “reach,” so they don't need to pay a broker.'  (Source: https://katusaresearch.com/guide-to-private-placements/)

and

'Non-brokered private placement takes on most of the characteristics of a traditional private placement. The only major difference is that in a non-brokered private placement, a company's investor relations department sells the stock (or other security) directly to investors. By doing this, the company can forgo the fees and hassle of hiring a broker (often an investment bank) and maintains more control over the selling process.' (Source: https://bizfluent.com/info-8391626-nonbrokered-private-placement.html)

I'm holding tight and am not selling any of my 100,000 shares in Playgon Games Inc.  I am also looking forward to reading the upcoming news releases and quarterly earnings reports over the next 1, 2, 3, and 4 quarters.  GLTA

[LosWages]

Glad you looked it up, I won't bother posting a google search for Brokered Private Placement, with brokered you get the support of the bank and its clients, leaving the principals of the company to do their job. Not one bank is following this company.  Keep pumping