Ann: Cardiex's inHealth Executes Major Co-Marketing Agreement, page-29

The 3c placement was to board and two funds with none offered to flippers in retail.
In the 2c placement, $1.6m was taken by the board out of $2.4m whereby shareholders could participate with a free attached option.
I've been in this since 2012 and know quite a few of the past board and senior management including a long standing relationship with Taylor Collison's clients are large long standing holders. So many of them have skin in the company.
In my 20 years in the market I rate the 3c placement as the best I've seen purely because it was taken by long term holders who are in for the long haul whereby if it was scattered amongst retailers it would be flipped into the market.
So far after the 2c raising the sp went to 0.047 and back to 0.03(from March last year to the 3c placement), give or take, and now back up to today's highs after the 3c placement. And the weekly chart hasn't even seen a quarter of a trend out of an oversold downtrend.
Cheers