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INTERMETRO COMMUNICATIONS, INC. FILES (8-K) Disclosing Unregistered Sale of Equity Securities

June 25, 2014

Item 3.02 Unregistered Sales of Equity Securities

On June 20, 2014, an investor holding Series B Preferred Stock of InterMetro Communications, Inc. (the "Company") exercised its right to purchase an additional 150,000 shares of Series B Preferred Stock, plus a warrant to purchase 150,000 shares of common stock at an exercise price of $0.20 per share, for a total purchase price of $150,000. The securities were sold in a private placement exempt from registration under Regulation D of the Securities Act of 1933, as amended.

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Source: Edgar Glimpses

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