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Published on 6/9/2014 in the Prospect News PIPE Daily.

Lucid takes in $200,000 through private placement of its common stock

200,000 shares sold to CEO L. Michael Hone at $1.00 per share in deal

By Devika Patel

Knoxville, Tenn., June 9 – Lucid, Inc. completed a $200,000 private placement of stock with its director and chief executive officer L. Michael Hone on June 5, according to an 8-K filed Wednesday with the Securities and Exchange Commission.

The company sold 200,000 common shares at $1.00 apiece.

The private medical device and information technology company is based in Rochester, N.Y.

Issuer:Lucid, Inc.
Issue:Common stock
Amount:$200,000
Shares:200,000
Price:$1.00
Warrants:No
Investor:L. Michael Hone
Settlement date:June 5

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