InvestorsHub Logo
Followers 14
Posts 978
Boards Moderated 0
Alias Born 12/18/2012

Re: Gumpstein post# 10005

Friday, 04/05/2019 2:21:41 PM

Friday, April 05, 2019 2:21:41 PM

Post# of 25836
Market at the time was around $0.011, so yes it was a premium to the current market price. It was a private placement of which they received $75,000 cash, not a market issuance. I don't know what the funds where used for as it was not stated. It could be simply general operating / administrative costs as you assume.