Published on 3/26/2013 in the Prospect News PIPE Daily.
Bioshaft Water Technology settles $237,450 private placement of stock
Company sells 1,583,000 of its common shares at $0.15 per share
By Devika Patel
Knoxville, Tenn., March 26 - Bioshaft Water Technology, Inc. completed a $237,450 private placement of stock on March 22, according to an 8-K filed Tuesday with the Securities and Exchange Commission.
The company sold 1,583,000 common shares at $0.15 per share, which is a 66.67% premium to the March 21 closing share price of $0.09.
The Lake Forest, Calif., company treats industrial and domestic waste water.
Issuer: | Bioshaft Water Technology, Inc.
|
Issue: | Common shares
|
Amount: | $237,450
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Shares: | 1,583,000
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Price: | $0.15
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Warrants: | No
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Settlement date: | March 22
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Stock symbol: | OTCBB: BSHF
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Stock price: | $0.09 at close March 21
|
Market capitalization: | $7.31 million
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