G6 Materials Corp (GGG)

[BiotechValues]

Well...there's private placements for when a company's cash burn is eating up their financial resources, and then there's private placements known as "friends and family" financing, which allows a handful of people to get into a low float stock at a lower price, without moving it by buying shares in the open market.

This was the latter.

See "friends and family" financing @ http://www.investopedia.com/terms/f/familyandfriends.asp

Stay tuned.