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VERDE SCIENCE, INC. FILES (8-K) Disclosing Unregistered Sale of Equity Securities

June 27, 2014



Item 3.02 Unregistered Sales of Equity Securities

Effective June 27, 2014 the Company completed a private placement with 15 investors whereby the Company has now issued an aggregate of 10,000,000 shares of common stock, at a subscription price of $0.08 per common share, for gross proceeds to the Company of $800,000.

The Company relied on exemptions from registration under the United States Securities Act of 1933, as amended, provided by Rule 506 of Regulation D and Regulation S, based on representations and warranties provided by the purchasers of the shares in their respective subscription agreements entered into between each purchaser and the Company.

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Source: Edgar Glimpses


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