OT Groy Liup Limited (ASX:IOT) announced a private placement of 59,980,806 common shares at a price of AUD 0.0008336 per share for AUD 49,999.99 and 90,000,000 common shares at a price of AUD 0.001 per share for AUD 90,000 for total gross proceeds of AUD 139,999.99 on November 9, 2018.