Company sells 884,506 shares at $0.02827 apiece, a 97.31% discount
By Devika Patel
Knoxville, Tenn., March 13 – IMK Group, Inc. completed a $25,005 private placement of stock on March 9, according to an 8-K filed Friday with the Securities and Exchange Commission.
The company sold 884,506 common shares at $0.02827 per share, a 97.31% discount to the closing share price of $1.05 on March 6.
The Seoul, Korea, company formerly known as Futura Pictures, Inc. makes and distributes self-improvement and educational DVDs and workforce training programs.
| Issuer: | IMK Group, Inc.
|
| Issue: | Common stock
|
| Amount: | $25,005
|
| Shares: | 884,506
|
| Price: | $0.02827
|
| Warrants: | No
|
| Settlement date: | March 9
|
| Stock symbol: | OTCBB: FTPR
|
| Stock price: | $1.05 at close March 6
|
| Market capitalization: | $1.2 million
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
