no..5 mill at .002 or less if pps drops unless he PULLS FILING OR AMENDS IT---which kills any attempt IMO to raise money.....especially since he raised 500k at PAR 001 and next filing should show where it WENT
I'm thinking it could take a few months before the SEC approves this Offer Statement? By then .02 will be no brainer. Institutional Investors would know something Huge is in place by then!!
We (VXIT) expect to commence the offer and sale of the shares as of the date on which the Offering Statement (the “Offering Statement”) is qualified by the SEC.