VeruTEK Technologies, Inc.(fka VTKT)

[di4]

VeruTEK Technologies, Inc. Completes $2.0 Million Private Placement
May 5, 2009 8:00:00 AM
Copyright Business Wire 2009


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View Additional ProfilesBLOOMFIELD, Conn.--(BUSINESS WIRE)-- VeruTEK Technologies, Inc. (VTKT.PK) announced the completion of a private placement offering. The proceeds of the financing will be used to repay outstanding promissory notes, leaving the company debt free. The remaining proceeds will be used for working capital. The company is pleased to acknowledge the continued support of its most significant shareholders in this private placement.

About VeruTEK Technologies, Inc.

VeruTEK Technologies, Inc. is the first company to develop, formulate and market proprietary Green Technology solutions (Coeluent Technologies(R)) and patent-pending implementation technologies that actually eliminate the toxic and harmful effects of chemicals present in the environment.

For more information, please visit www.verutek.com.

Safe Harbor Statement

The statements contained herein, which are not historical, are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements including, but not limited to, certain delays beyond the Company's control with respect to market acceptance of new technologies, products and services, delays in testing and evaluation of products and services, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission.




Source: VeruTEK Technologies, Inc.


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VeruTEK Technologies
Inc.
John Collins
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