Phoenix And The Lenders Are Acquiring Communication Intelligence Corporation (OTC:CICI)
In its 8 k filing done on Friday, Communication Intelligence Corporation (OTC:CICI) announced company’s recapitalization and a private placement for up to $2,000,000 of gross proceeds.
Upon consummation of the Recapitalization and the Offering, Phoenix will beneficially own approximately 158,853,261 shares of Common Stock on an as converted basis, which is expected to represent approximately [...]
Principle Security International Inc (OTC:PCPZ) Acquires Leeward Group, Inc.
In its 8 k filing from Wednesday, Principle Security International Inc (OTC:PCPZ) announced the acquisition of Leeward Group, Inc.
On May 28, 2010, PCPZ entered into and closed a share exchange agreement with Leeward Group, Inc. a Delaware corporation, and the shareholders of Leeward.
According this agreement, PCPZ acquired all of the issued and outstanding shares of [...]
China VoIP & Digital Telecom, Inc (OTC:CVDT) Announces Private Placement for $2.7 M
In its last 8k filing from Friday, China VoIP & Digital Telecom, Inc (OTC:CVDT) announced funds raising for $2.7 M in a private placement.
On May 24, 2010, CVDT, entered into a Stock Purchase Agreements with three investors to sell in a private placement 9,000,000 shares. Each investor purchased 3,000,000 shares of the company’s common [...]
Avro Energy Inc. (OTC:AVOE) Announces Binding Private Placement and Subscription Agreement
Yesterday, in its 8 k filing, Avro Energy Inc. (OTC:AVOE) announced funds raising through private placement.
On May 31, 2010, the Company entered into a binding Private Placement and Subscription Agreement with Albury Investments Ltd., a Hong Kong based investment firm and accredited investor.
According to it, the company sold 1,000,000 Units at a price of [...]