eddy2 Sunday, 08/19/18 12:10:15 AM Re: None Post # of 116961 Private placement will be carried out shortly. The way this often works is collateral will be put up for debt too sell equity. The person putting up the equity ie: placement for collateral. The money raised will be used too return capital to the debt holders. The ones who put up the collateral will be paid an administration fee for the use of the collateral and will share that gain with the new stake holders.