By Sheri Kasprzak
New York, May 16 - EPOD International Inc. is planning to close a $1 million private placement.
The company agreed to sell 5 million shares to institutional investors in the offering.
EPOD said in a statement that it expects the deal to be oversubscribed before closing.
Reno, Nev.-based EPOD is an eco-power utility and electric power systems provider.
| Issuer: | EPOD International Inc.
|
| Issue: | Stock
|
| Amount: | $1 million
|
| Shares: | 5 million
|
| Price: | $0.20
|
| Warrants: | No
|
| Announcement date: | May 16
|
| Stock symbol: | Pink Sheets: EPOI
|
| Stock price: | $0.20 at close May 16
|
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