Published on 4/10/2006 in the Prospect News PIPE Daily.
New Issue: Most Home pockets $1.15 million from unit offering
By Sheri Kasprzak
New York, April 10 - Most Home Corp. said it has received $1,155,166 from a private placement of units.
The company sold 3,300,476 units at $0.35 each to three accredited investors.
The units consist of one share and one half-share warrant with each whole warrant exercisable at $0.50 for three years.
Located in Maple Ridge, B.C., Most Home provides web-based client acquisition, response and qualification information to real estate clients.
Issuer: | Most Home Corp.
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Issue: | Units of one share and one half-share warrant
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Amount: | $1,155,166
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Units: | 3,300,476
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Price: | $0.35
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Warrants: | One half-share warrant per unit
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Warrant expiration: | Three years
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Warrant strike price: | $0.50
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Placement agent: | Non-brokered
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Settlement date: | April 6
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Stock symbol: | OTCBB: MHME
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Stock price: | $0.55 at close April 6
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