Fact 2) Heres the 2010 NEWS ANNOUNCING Celsia Technologies, Inc. Closes Financing Round MIAMI, July 13, 2010 -- On June 30, 2010, Celsia Technologies, Inc., (OTC: CLST.PK) a Nevada corporation (the “Company”), entered into a Debenture and Warrant Purchase Agreement, pursuant to which it issued and sold $1,953,227 of its Original Issue Discount Senior Secured Convertible Debentures due June 30, 2011 to accredited investors in a private placement. The initial conversion price of the Debentures is $0.10 per share. The aggregate sales price of the Debentureswas $1,713,357. Pursuant to the Purchase Agreement, the investors also received warrants to purchase an aggregate of 19,532,272 shares of the Company’s common stock. The warrants have an exercise price of $0.10 per share and expire on June 30, 2015. Closing for the transactions described above took place on June 30, 2010 . http://celsiatech.com/UploadFiles/Press_Release_-_Celsia_Closes_Debenture_Round_FINAL.pdf
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