Company sells 16.25 million of its common shares at $0.001 per share
By Devika Patel
Knoxville, Tenn., April 12 - Online Disruptive Technologies, Inc. completed a $16,250 private placement of stock on April 9, according to an 8-K filed Thursday with the Securities and Exchange Commission.
The company sold 16.25 million common shares at $0.001 apiece.
The Las Vegas-based private company is developing a social networking website that will allow people to socialize, share relationship advice and score others' relationships based on a series of questionnaires.
| Issuer: | Online Disruptive Technologies, Inc.
|
| Issue: | Common stock
|
| Amount: | $16,250
|
| Shares: | 16.25 million
|
| Price: | $0.001
|
| Warrants: | No
|
| Settlement date: | April 9
|
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