Industry Source Consulting Inc (INSO)

[einrad]

Please help me understand, that PR is very confusing. VGPR is a distributor not a manufacturer.

According to the PR:
"As a result of the amount of interest we received from potential investors and financial institutions, we have created a Private Placement Memorandum to raise $1 million for the Company. The funds will be primarily used to expand the production capacity for our biochar product. We want to make sure that our production capacity keeps pace with sales."

Will they be building and manufacturing themselves? Will there be a joint venture with Biochar Now? Will they buy them?

I doubt they will just hand over $1 million to the company that manufactures the product.

IMO press releases like this confuses and can hurt a company more then help. They needed to wait until they could actually announce how the $1 million is to be used.

I would also guess that those who invest in the private placement will get priority over future dividends and profits before us common investors. What are the details of the private placement? Wont that hurt the PPS?

Hopefully we can get some clarity.