You are wrong. He clearly PR'd  "The first investment which is nearly $700,000 will enable Rapid Fire Marketing to settle accounts payable and significantly increase its inventory of vapor inhalers, expand its product line and business operations via a new division. Additionally, the costs of the Company getting to fully reporting status will be offset significantly via the Ironridge investment.

The second funding is a $1.5 million cash financing which will enable the Company to more than meet all financial obligations as well as expand its business on all fronts.  The term of this deal is for 30 months whereby Rapid Fire Marketing will receive $50,000 in funding per month".