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Published on 11/28/2005 in the Prospect News PIPE Daily.

Most Home extends closing date on $1 million private placement of units

By Sheri Kasprzak

New York, Nov. 28 - Most Home Corp. said it has extended the closing date on its previously announced $1 million unit offering.

The offering will now close Dec. 6. The deal had originally been slated to close on Nov. 17.

So far, the company wrapped the first tranche of the offering on Oct. 21 for $250,000.

The deal includes up to 3,333,334 units at $0.30 each sold to accredited investors.

The units are comprised of one share and one half-share warrant. The whole warrants are exercisable at $0.33 each for three years.

Based in Vancouver, B.C., Most Home provides web-based client acquisition, response and qualification information to real estate clients.


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