InvestorsHub Logo
Post# of 1138
Next 10
Followers 281
Posts 25970
Boards Moderated 6
Alias Born 01/27/2009

Re: None

Tuesday, 02/19/2013 4:26:36 PM

Tuesday, February 19, 2013 4:26:36 PM

Post# of 1138
I wonder if this is a typo or a Freudian slip. :)

Pursuant to Section 4(2) of the Securities Act of 1933, as amended, mPhase Technologies, Inc. issued a convertible note to Asher Enterprises in a Pirate Placement. On February 15, 2013 the Company received $50,000 cash proceeds from the sale of the Convertible Note that will be used as additional working capital.
(my emphasis)

My posts are my opinion. Do not be influenced by anything you read on any message board website unless you can confirm it.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.