Offering is comprised of 455,000 common shares, sold at $0.022 apiece
By Devika Patel
Knoxville, Tenn., June 18 - Advanced Voice Recognition Systems, Inc. completed a $10,010 private placement of stock on June 12, according to an 8-K filed Tuesday with the Securities and Exchange Commission.
The company sold 455,000 common shares at $0.022 per share. The price per share is a 10% premium to $0.02, the June 11 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: | $10,010
|
| Shares: | 455,000
|
| Price: | $0.022
|
| Warrants: | No
|
| Settlement date: | June 12
|
| Stock symbol: | OTCBB: AVOI
|
| Stock price: | $0.02 at close June 11
|
| Market capitalization: | $5 million
|
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