Medbright AI Investments Inc (MBAIF)

[B0RGS]

To my knowledge, there should be roughly 12 million privatley placed shares.

If remember correctly there was a ~10.5 million private placement made sometime in January. These were held in escrow until early May. Some made a big stink about that, touting a pump and dump scheme, but from the time that those shares could be traded to the time that our PP sunk below the privately placed PP, the total number of shares that traded hands (privately placed or otherwise) was less than half the number of privately placed shares.

Then, in mid May, Vinergy announced another private placement of 800,000 "units" at a PP of $0.50. These units are comprised of a common share and a warrent exercisable into one additional share at a price of $1.00 for a period of three years from the date of closing. They havent announced whether it has closed or not. I suspect they would want to wait until trading resumes to knock our price back up.

There is also Facundo Bacardi, who was granted 100,000 options at a PP ~0.50 USD