Looks like this relates to the $2.6 million NeuroClear (neurology sub working with Mayo on neurology / nerve signals) announced in the 8K on August 5th.
From this it looks like they now have $3.260 million in cash in the door with probably $340k more coming soon - so total appears to be $3.6 million.
See my previous couple of posts on this board about the NeuroClear financing and why I agree with GAMer and see it as a rather large positive and why Mayo almost certainly has to be part of the nerve/neurology work with BSGM based upon previous public statements and slides.
Also remember this goes on BSGM balance sheet. So $3.6 million more without selling a share of BSGM and remember from the June 3 press release about the $4.6 million cash that came in the company said that they had more than a yrs cash even before this $3.6 million and the $1 million from Mayo
13. Offering and Sales Amounts
|Total Offering Amount||$3,600,000||USD|
|Total Amount Sold||$3,260,000||USD|
|Total Remaining to be Sold||$340,000||USD|
Clarification of Response (if Necessary):