LAS VEGAS, NV -- (Marketwired) -- 06/17/13 -- NeoHydro Technologies Corp. (OTCQB: NHYT) is pleased to announce Couponz, Inc, creator of the Epoxy mobile application, has closed a non-brokered private placement at $0.03 per Unit for total gross proceeds of $100,000.
Each unit will be comprised of one common share of the company and one common share purchase warrant. Each warrant will entitle the holder to acquire an additional common share of the company for a period of 24 months from the date of issue at a price of $0.03 per common share. In accordance with applicable securities laws, the Common Shares and Warrants issued under the private placement are subject to 1 year restriction periods.
Dave Gasparine, newly appointed CEO of Neohydro, states, "We have been working diligently to achieve several key milestones including our financing strategy. We can now move forward to execute aggressively on all our strategic plans to propel our proprietary Epoxy app into the next exciting phases of growth."
About Couponz, Inc.
Couponz, Inc. is the developer of Epoxy app, an application or "app" for iPhone iOS and Android operating systems. Epoxy is an innovative smart phone application designed and created to conveniently connect business owners and consumers in order to ease marketing frustrations. The mobile app gives loyal customers the ease of keeping track of rewards and punch cards all in one place while also giving opportunities to review and share businesses with friends. In turn, Epoxy provides businesses the ability to reward, share offers, and deliver information about special events with their customers. Epoxy designers are dedicated to providing a superior and easy-to-use product for business owners to reward loyal customers.
This release contains forward-looking statements that reflect NeoHydro Technologies Corp, plans and expectations. In this press release and related comments by Company management, words like "expect," "anticipate," "estimate," "forecast," "objective," "plan," "goal" and similar expressions are used to identify forward-looking statements, representing management's current judgment and expectations about possible future events. Management believes these forward-looking statements and the judgments upon which they are based to be reasonable, but they are not guarantees of future performance and involve numerous known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance, achievements or financial position to be materially different from any future results, performance, achievements or financial position expressed or implied by these forward-looking statements.
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