Iveda Corporation (OTC:IVDA) Raises Funds To Pay Its Bills
In its 8k filing done, Iveda Corporation (OTC:IVDA) announced that sold its shares to some investors in order to save some cash and to make non cash payment for services.
More details about funds raised in few transactions and related to the purchase agreements and the agreement for service are available at company’s 8k filing.
Time Associates Inc (OTC:TIAS) Acquired Healthient
Yesterday, Time Associates, Inc., (OTC:TIAS) announced that acquired Healthient, Inc., a Nevada corporation. According the agreement, the acquisition was done in exchange for 43,618,356 newly issued “restricted” shares of common voting stock of TIAS to the Healthient shareholders.
As a condition of the closing of the transaction, TIAS spun off its operating subsidiary, Time Marketing, Inc.
The [...]
Neulion Inc (PINK:NEULF) Sales 16,666,667 Class 3 Preference Shares
Yesterday, Neulion Inc (PINK:NEULF) made a SEC filing about the sale of approximately 16,666,667 Class3 Preference Shares of the company.
According the Subscription Agreement, JK&B Capital V, L.P., JK&B Capital V Special Opportunities Fund, L.P., and Gabriel Battista will buy shares at a price of CAD$0.60 per share.
JK&B Capital V, L.P., JK&B Capital V Special [...]
Item 4.02 Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review
Under this item 8k filing is done:
If the company’s board of directors, a committee of the board of directors or the officer or officers authorized to take such action if board action is not required, decides that any previously issued financial statements should no longer be relied because of an error, modification or have been [...]
Item 3.02 Unregistered Sales of Equity Securities
Under this item 8k filing is done if the company sells equity securities in a transaction that is not registered under the Securities Act.
No report need to be filed under this Item 3.02 if the equity securities sold, in the aggregate since its last report filed under this Item 3.02 or its last periodic report, [...]