Speech technology firm sells 2 million shares to two private investors
By Toni Weeks
San Diego, Aug. 21 - Advanced Voice Recognition Systems, Inc. said it settled a $100,000 non-brokered private placement of stock on Aug. 17, according to an 8-K filed Tuesday with the Securities and Exchange Commission.
The company sold 2 million common shares at $0.05 per share to two private investors. The per-share price is identical to the closing share price on Aug. 16.
Based in Scottsdale, Ariz., the company develops speech recognition and transcription technologies.
| Issuer: | Advanced Voice Recognition Systems, Inc.
|
| Issue: | Common stock
|
| Amount: | $100,000
|
| Shares: | 2 million
|
| Price: | $0.05
|
| Warrants: | No
|
| Agent: | Non-brokered
|
| Settlement date: | Aug. 17
|
| Stock symbol: | OTCBB: AVOI
|
| Stock price: | $0.05 at close Aug. 16
|
| Market capitalization: | $9.98 million
|
|
|
|
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
