Replies to post #1022 on Wellness Center USA Inc (WCUI)

[Atlanta1]

Hanging on by the thinnest of threads:

Subsequent to June 30, 2016, the Company raised $95,000 from the sale of 1,357,143 shares of its common stock. In connection with the sale, the Company issued warrants to the shareholders to purchase 2,714,286 shares of the Company’s common stock. The warrants expire five years from the date of grant and have an exercise price of $0.12 per share.