The Grilled Cheese Truck Inc. (fka GRLD)

[bar1080]

Each unit [sold to insiders] consists of "one share and one stock-purchase warrant. The units are priced at $1.25 each and the warrants will be exercisable at $2.50 until Oct. 31, 2016."

Read more: The Grilled Cheese Truck raising up to $5M in general-solicitation offering - The Deal Pipeline http://www.thedeal.com/content/consumer-retail/the-grilled-cheese-truck-inc.php.";

"The offering began in October and has so far raised $815,000 with 652,000 units to 28 accredited investors, the company said in the March 14 SEC filing.

"I-Bankers Securities Inc. is acting as placement agent. It will receive a fee equal to 10% of the gross proceeds raised in the offering, a $10,000 retainer and four-year warrants for up to 10% of the shares sold."

Read more:
http://www.thedeal.com/content/consumer-retail/the-grilled-cheese-truck-inc.php

Expect big dumpage!