VerifyMe Inc (VRME)

[dontkillpoor]

In addition, between October 18, 2012, and January 2, 2013, the Company sold an aggregate total of 19,888,889 shares of common stock of the Company, at per share prices from $0.045 to $0.05, for a total consideration of $960,000, to a class of "friends and family" investors including officers and directors. An additional 333,333 shares of common stock of the Company were issued pursuant to the exercise of a warrant at an exercise price of $0.15. The securities issued in connection with such additional investments were offered and sold pursuant to an exemption from registration requirements provided by Section 4(2) of the Securities Act.