Genetic Signatures (GSS) IPO, page-4

From the Supplementary-Prospectus:

"3.2 Why has the Company extended the Closing Date under the Offer?
As at the date of this Supplementary Prospectus, the Company has not received applications from a sufficient number of applicants to meet the Minimum Subscription amount."
"the Directors have resolved to reduce:
the Minimum Subscription pursuant to the Offer to 12.5 million Shares at an issue price of $0.40 each to raise $5 million;
and
the Maximum Subscription pursuant to the Offer to 18.75 million Shares at an issue price of $0.40 each to raise $7.5 million"

Still don't know the reasons for the lack of interest.

http://geneticsignatures.com/wp-content/uploads/Genetic-Signatures-Supplementary-Prospectus_2015.pdf
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