rule not triggering

Hi, I created a new and updated by announce type and my rule I made when this happens never happens, I never see the email and I've checked spam folder. also have the debug log on and nothing shows.

Here is my exported rule.

Export of reaction rule "send email for updated announcements"
Export

{ "rules_send_email_for_updated_announcements" : {
    "LABEL" : "send email for updated announcements",
    "PLUGIN" : "reaction rule",
    "REQUIRES" : [ "rules" ],
    "ON" : [ "node_update" ],
    "IF" : [
      { "node_is_of_type" : {
          "node" : [ "node" ],
          "type" : { "value" : { "advertisement" : "advertisement" } }
        }
      }
    ],
    "DO" : [
      { "mail" : {
          "to" : "jim@v-community.com",
          "subject" : "[site:name] Updated Announcement",
          "message" : "[node:title]\r\n\r\n\r\n[node:body]\r\n\r\n[node:summary]\r\n\r\n\r\n[site:name]\r\n[site:slogan]\r\n[site:url]"
        }
      }
    ]
  }
}

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