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Last Post: 1/21/2016 4:11:16 PM - Followers: 18 - Board type: Free - Posts Today: 0




GlassesOff Announces Closing of Merger and $3.1 Million Private Placement

NEW YORK, Aug 06, 2013 (BUSINESS WIRE) -- GlassesOff Inc. (OTC: ATVP), formerly Autovative Products Inc., today announced the closing of a $3.1 million private placement, simultaneously with the acquisition of Ucansi Inc. ("Ucansi"), a company developing and commercializing next generation vision sharpness applications.

GlassesOff issued 2,490,000 units, each composed of one share of common stock and one warrant, at $1.25 per unit for a total of $3,112,500 million before offering expenses. Each warrant is exercisable for one share of common stock at an exercise price of $1.25 per share and expires five years from issuance.

The current management and Board of Directors of Ucansi have assumed operational control of the public entity.

About GlassesOff

GlassesOff Inc. is a company developing and commercializing next generation vision sharpness applications. GlassesOff(TM) has developed a proprietary, patent-protected technology platform to improve near vision sharpness, by improving the image processing function in the visual cortex of the brain, without changing the optical characteristics of the eye. The GlassesOff(TM) product has been designed to eliminate the dependency on reading glasses of people over the age of 40 who experience natural age-related changes in their near vision sharpness. The GlassesOff(TM) product is expected to be sold initially as an iPhone/iPad app, and was named one of the top Emerging Breakthroughs in Science and Technology for 2013 by Reader's Digest Magazine. For more information, visit www.glassesoff.com.



Address:
c/o Cohen & Schaeffer
420 Lexington Avenue, Suite 2450
New York, NY 10170


 

Website:
http://www.glassesoff.com/


 

Email:
info@glassesoff.co



 

CEO:
Nimrod Madar

 

Auditors:
Yarel + Partners, Certified Public Accountants

Industry Classifications

Sector:
Technology

Industry:
Application Software

NAICS:
Software Publishers (511210)

SIC:
Computer software development and applications (737103)






 




Introduction to Glassesoff



http://www.youtube.com/watch?v=12dlMyjatKI#t=37

 

  • Capital Change=shs increased by 7.5 for 1 split. Ex-date=08/05/2013. Rec date=07/23/2013. Pay date=08/02/2013.
 

    
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INVS News: Quarterly Report (10-q) 11/14/2016 05:44:52 PM
INVS News: Quarterly Report (10-q) 08/15/2016 05:09:24 PM
INVS News: Notice of Effectiveness (effect) 06/13/2016 06:01:29 AM
INVS News: Notice of Effectiveness (effect) 06/13/2016 06:01:29 AM
INVS News: Notice of Effectiveness (effect) 06/13/2016 06:01:29 AM
PostSubject
#70   Glassesoff Inc., GLSO, changed to InnoVision Labs Inc., INVS: Renee 01/21/16 04:11:16 PM
#69   GLSO one for 10 reverse split: (todays close, .48) Renee 03/30/15 04:02:29 PM
#68   http://seekingalpha.com/article/2298265-bulls-should-open-their-eyes-and-see-the davidsson10 07/03/14 09:37:35 AM
#67   See Clearly Method was a flop... Dunno bout skaman069 05/23/14 10:23:02 AM
#66   Raised $5M which should be enough to fund MrDanMan 05/21/14 09:29:59 AM
#65   new bullish article out on seeking alpha: PharmaTalk 02/13/14 06:07:06 PM
#64   I'm surprised everyone stopped posting. The announcement that flipper4 01/24/14 01:15:28 PM
#63   I think GLSO goes much higher ... They xlt leader 12/12/13 04:19:31 PM
#62   Yeah it's awesome. Still going up? skaman069 12/12/13 04:07:40 PM
#61   Alright well I missed the boat this morning. skaman069 12/12/13 04:02:33 PM
#60   2.40 /462kVOL kimzerfantastik 12/12/13 04:01:53 PM
#59   I think that my $1 and under shares Pic 12/12/13 02:27:37 PM
#58   Up 8% today. Thoughts? skaman069 12/12/13 02:21:28 PM
#57   Is it a winner? skaman069 12/11/13 02:14:41 PM
#56   Trying out the app on the ipad. Pic 12/11/13 11:11:05 AM
#55   The GlassesOff app is officially available in the Pic 12/10/13 10:12:45 AM
#54   While the official release of the app is PharmaTalk 12/10/13 10:05:15 AM
#53   12/10/13...GlassesOff Announces Official Launch of App Aimed at kimzerfantastik 12/10/13 08:51:43 AM
#52   2.20 /132kVOL kimzerfantastik 11/14/13 04:02:37 PM
#51   Volume has picked up in last couple weeks MrDanMan 11/08/13 10:57:31 AM
#50   Update and ask thinning out. Pic 11/06/13 10:05:17 AM
#49   1.50 tap, 1.35 X 1.40 last kimzerfantastik 11/01/13 10:42:36 AM
#48   SeekingAlpha has jumped on board MrDanMan 10/30/13 04:38:45 PM
#47   New public Relations: M&C SAATCHI PR is headquartered Pic 10/01/13 09:56:14 AM
#46   Looking good with the recent price appreciation on MrDanMan 09/30/13 11:02:40 AM
#45   Moving up nicely from last dip Pic 09/25/13 12:37:47 PM
#44   Lets increase exposure and get the ticker listed MrDanMan 09/17/13 04:51:54 PM
#43   i am reading on 'Glassesoff Inc. (GLSO)' mick 09/11/13 04:51:37 PM
#42   Excited to see some form of publicity up MrDanMan 09/06/13 06:32:17 PM
#41   It closed with a price of $1.00, so MrDanMan 09/06/13 06:29:36 PM
#40   GlassesOff issued 2,490,000 units, each composed of one Pic 09/06/13 12:01:42 PM
#39   Introduction to glassesoff: Pic 09/06/13 11:56:37 AM
#38   OTC puts the O/S @ 64,184,828 Aug Pic 09/06/13 11:48:33 AM
#37   Anyone call the TA lately to find out Pic 09/06/13 11:39:09 AM
#36   Good to see some publicity on GlassesOff. Scientific dm23 08/28/13 11:39:28 AM
#35   Worse is 2 of my closers are out TraderTrisha 08/23/13 11:04:17 AM
#34   [yt]qdmwTE-FtDY[/yt] #OverExposed #PromoRuined #ItsStillSummer TMcNasty 08/23/13 10:53:28 AM
#33   Choo-Choo! TraderTrisha 08/21/13 09:40:03 PM
#32   Almost 75k traded. Looking like this board is dm23 08/21/13 03:46:03 PM
#31   $1.30 @ ~50K volume... A stellar thing to StockChartErection 08/21/13 12:52:31 PM
#30   $GLSO - Looks like it's play time! wholelotamoney 08/21/13 12:37:07 PM
#29   Worse. AimHigh is free. TMcNasty 08/18/13 07:10:57 PM
#28   you mean Aim High? lol Big_Money_Upward 08/18/13 06:53:36 PM
#27   Something even more pathetic. I'm not naming names. ;) TMcNasty 08/18/13 06:38:38 PM
#26   Reader's Digest eh? hermmmmmmmmmmmmmmmm Big_Money_Upward 08/18/13 06:29:29 PM
#25   Aw shucks. It got written up. Well the TMcNasty 08/17/13 11:38:41 PM
#24   Agreed! #WelcomeToFall TMcNasty 08/16/13 02:46:01 PM
#23   $vol now > $10,000. Gotta love when they TMcNasty 08/16/13 02:45:30 PM
#22   http://www.glassesoff.com/ Found that yesterday. Forgot to post it up. TMcNasty 08/16/13 11:22:04 AM
#21   This one keeps bringing itself to my attention. TMcNasty 08/15/13 11:35:44 AM
PostSubject