Also there was the recent raising with UCR for 500k via a conversion note, which at 15 cents was more than double the share price of SIS at the time . Management and sophisticated investors also added 150K to the deal.
As quoted in the announcement;Darrel Brookes, Managing Director of UCR Consultants, said:“After signing our partnership agreement with Simble and seeing the tremendouspotential for growth here in the UK market, I am excited to be able to directlyinvest in the business and ensure that the company is in the best possibleposition to exploit all opportunities. We look forward to leveraging thispartnership to achieve our own ambitious growth targets.”
Definitely a vote of confidence by those closely involved that SIS is on the right path.
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