very Z Trim Holdings, Inc. Closes $1.4 Million Public Offering
MUNDELEIN, Ill., Nov. 18, 2013 /PRNewswire via COMTEX/ -- Z Trim Holdings, Inc. (OTC Markets: ZTHO), a bio-technology company providing value-added ingredients to a variety of industries, today announced that it completed a registered public offering of 1,866,667 shares of common stock at a price per share of $0.75 and warrants to purchase 1,400,000 shares of common stock at an exercise price of $1.00 per share, representing gross proceeds to Z Trim of $1,400,000. Z Trim intends to use the net proceeds for working capital needs and other general corporate purposes, including conducting research and development ("R&D"), hiring additional sales and R&D staff, and further protecting its intellectual property. nice ...
