DARA BioSciences, Inc. (DARA)

[rebelpenny]

looks like they sold some shares back to surgivision but didnt say for how much

On December 31, 2009, DARA Pharmaceuticals, Inc., a subsidiary of DARA BioSciences, Inc. (collectively "DARA"), entered into a Stock Purchase Agreement with SurgiVision, Inc. ("SurgiVision") pursuant to which DARA sold 536,712 shares of SurgiVision common stock to SurgiVision. The purchase price for the shares was paid through cancellation of outstanding principal and interest accrued on the January 2009 secured promissory note issued by DARA to SurgiVision in the original principal amount of $500,000. Following the completion of the transaction, DARA will continue to own 1,663,288 shares of SurgiVision common stock and warrants to purchase an additional 405,000 shares.



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