Monday, June 27, 2011

Lottvision

Lottvision: Has issued 107m new ordinary shares at $0.0135 per share (approx 10% disc to last traded) through a private placement. The 3 subscribers were introduced by business assoc of the co. The net proceeds of $1.3m will be used for business investments and working capital purposes respectively. Co is loss making and issued shares form approx 11.7% of enlarged share cap.

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