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Re: PlayInTheGreen post# 28071

Wednesday, 03/26/2014 12:33:08 PM

Wednesday, March 26, 2014 12:33:08 PM

Post# of 45244
PITG: BCCI didn't receive funds for advertising, they obtained $1.7M 'worth' of advertising on October 1 in return for as yet unspecified equity securities -- we should know more when the 2013 financials are made public (expected April 15, although delays are frequent for small companies).

I tried to get more details from the press release, however for some reason the announcing press release is not on the company's website. I did find the following quote from my post 26761 at the time, taken from the PR:

The investment was in exchange for a combination of stock at a premium to market.