From your post on the rules
They can go above 500K for a placement and 50 K (some here would be appreciative that only 50K) can be used to pay officers.
Interesting that you neglected to point that out in your post. Why would you focus on part of the rules
Under the amended Relief Measures, up to $50,000 of the gross proceeds raised by an Issuer in reliance upon these Relief Measures (the "Excluded Amount") can be used for general working capital purposes and is not subject to the "Maintain/Preserve Existing Business" or "No Payments to Related Parties" conditions.
$500,000 Aggregate Limit: The maximum aggregate gross proceeds an Issuer may raise in reliance on these Relief Measures is $500,000, except as may otherwise be specifically consented to by the Exchange.
Read more at http://www.stockhouse.com/bullboards/messagedetail.aspx?p=0&m=32137351&l=0&r=0&s=CBS&t=LIST#vsU4o3bLGYVyBFlk.99