Sorry guys, I a newbie to the financing aspect. I was peased to read that Evergreen reported a $2- 12 month target for VMS. However, is it logical to accept this target when they are involved in the financing? I am a little nervous after all the talk about the banks/brokerages manipulating share prices. (Not try to spark any more debate about that) just would like an opinion on this target please.

Thanks in advance....

VANCOUVER, BRITISH COLUMBIA, Jun 5, 2007 (CCNMatthews via COMTEX) -- VMS Ventures Inc. (TSX VENTURE:VMS) (the "Company") is pleased to announce that it has negotiated a brokered private placement for gross proceeds of up to $2,000,000, on a best efforts basis, with Evergreen Capital Partners Inc. of Toronto, Canada (the "Agents"). The financing will combine the issuance of units ("Units") at $0.22 and flow-through common shares ("FT Shares") at $0.25 per FT share in the capital stock of the Company. Each Unit will comprise one non-flow through ...