added you to our list of people to be notified when we do initiate another private placement.
With that said, I should make it very clear that this current financing – which is still open up until next Thursday, February 16, 2017 – was initiated to bring in the investment from the Quebec government while at the same time, allowing any other shareholders also to participate with the same terms.
In this regard, we are optimistic that the Quebec government will be able to submit their paperwork in the next few days. (They have taken a very long time in their processing of this financing as the majority of their 1,100 legal employees have been on strike for the last 4 months).
With whatever capital we close on with this financing – with or without the Quebec government’s participation – we will almost surely initiate another financing instrument immediately, with the same terms, to then allow other investors who have been “sitting on the fence” and who are waiting for the Quebec government’s capital to be invested in us.
Therefore, we will advise you of this 2nd financing as soon as we launch it. Although of course, the current financing is still available at this time.
I hope that this all makes sense to you.
Let me know if you are interested in this current financing. Please see the subscription agreement for this financing attached here.
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