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Post# of 381633
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jmurfk

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jmurfk

Re: jmurfk post# 197294

Tuesday, 01/08/2013 9:27:33 AM

Tuesday, January 08, 2013 9:27:33 AM

Post# of 381633
IEBS recently completed a PP, 18 million shares at .80 per share. Things are looking up.

jmurfk Member Profile
Tuesday, January 03, 2012 11:01:11 AM
Re: jmurfk post# 194229
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IEBS is starting to tighten up, .14/.20. Positive net, and over $4 per share equity.




Independence Bancshares Announces Closing of Private Placement Offering

GREENVILLE, S.C., Jan 07, 2013 (BUSINESS WIRE) -- Independence Bancshares, Inc. (OTC: IEBS) (the "Company"), the holding company for Independence National Bank (the "Bank"), announced the closing on December 31, 2012 of a private placement offering in which it issued 17,648,750 shares of common stock at a price of $0.80 per share for gross proceeds of $14.1 million. Hovde Securities, LLC was the exclusive placement agent for the offering.

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