Offering is comprised of 400,000 common shares sold at $0.01 apiece
By Devika Patel
Knoxville, Tenn., Sept. 8 – Advanced Voice Recognition Systems, Inc. completed a $4,000 private placement of stock on Sept. 1, according to an 8-K filed Tuesday with the Securities and Exchange Commission.
The company sold 400,000 common shares at $0.01 per share. The price per share is identical to the Sept. 4 closing share price.
Based in Scottsdale, Ariz., the company develops speech recognition and transcription technologies.
Issuer: | Advanced Voice Recognition Systems, Inc.
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Issue: | Common stock
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Amount: | $4,000
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Shares: | 400,000
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Price: | $0.01
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Warrants: | No
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Announcement date: | Sept. 8
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Settlement date: | Sept. 1
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Stock symbol: | OTCBB: AVOI
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Stock price: | $0.01 at close Sept. 4
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Market capitalization: | $2.21 million
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