Vitro Diagnostics Inc. (fka VODG)

[Potse]

davidam...perfectly acceptable financing....

"Looks to me like all the first 87k is going to be done at 0.05 per share with 500k shares issued immediately for a net of 25K. 87k should hold the company up close to 4 months using the numbers(cash burn) from last Q . The warrants represent another 87k at .175 but may never happen cant consider that much at this point.
Absolutely ugly IMO when peeps are buying in upper twenties and above and profits are suppose to be around the corner???
If he delivers all is ok but a nickle now??"

I can see nothing wrong at all with this particular private placement. VODG received $87.5k in exchange for 500k shares. The common shares in the financing were sold at 17.5 cents, and the warrants are also priced at 17.5 cents.....

$87,500/500,000 shares = .175 per share