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Update: One Horizon Group's Private Placement

One Horizon Group Inc.'s (NASDAQ:OHGI) recent announcement of a $3.3 million, shareholder friendly, private placement financing assures that its Chinese market development and its infrastructural projects will continue on schedule without interruption. Remember, OHGI has commenced the first phase of its infrastructure rollout in six cities in China that will help secure its Chinese JV's, brand named Aishuo, operations; Tianjin, Beijing, Chongqing, Changchun, Nanjing and Shijiazhuang all appear to be on schedule and making progress at this…