Ok I'm aware of that Form D filing but did not read it as the money was raised to pay down debt? The money raised from insiders created a debt obligation for HPTG in the form of a conversion to the insiders who put up $950,442
x Security to be Acquired Upon Exercise of Option, Warrant or Other Right to Acquire Security
They have not yet disclosed what the money is to be used for and the filing states:
10. Business Combination Transaction
Is this offering being made in connection with a business combination transaction, such as a merger, acquisition or exchange offer? Yes x No
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