Offering is comprised of 500,000 common shares sold at $0.02 apiece
By Devika Patel
Knoxville, Tenn., Nov. 1 - Advanced Voice Recognition Systems, Inc. completed a $10,000 private placement of stock on Oct. 28, according to an 8-K filed Friday with the Securities and Exchange Commission.
The company sold 500,000 common shares at $0.02 per share. The price per share is a 33.33% discount to $0.03, the Oct. 25 closing share price.
Based in Scottsdale, Ariz., the company develops speech recognition and transcription technologies.
| Issuer: | Advanced Voice Recognition Systems, Inc.
|
| Issue: | Common stock
|
| Amount: | $10,000
|
| Shares: | 500,000
|
| Price: | $0.02
|
| Warrants: | No
|
| Settlement date: | Oct. 28
|
| Stock symbol: | OTCBB: AVOI
|
| Stock price: | $0.03 at close Oct. 25
|
| Market capitalization: | $6.15 million
|
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