Drop the GetFugu connection. Here is the Chinese/Hutton connection that was announced weeks ago:
Getfugu, Inc. Receives $800,000 in Funding
Getfugu, Inc. (http://www.getfugu.com/) (OTCBB: GFGU), the next generation mobile search tool, announced today that it has received $800,000 in gross proceeds from the closing of the first tranche of its $10 million financing commitment from Hutton International Investments, Ltd. and the private placement of restricted common stock to an accredited investor at $0.20 per share
“We are pleased to continue expanding our opportunities for business development through our relationship with Hutton,” said Getfugu Co-Founder Carl Freer
“We remain very excited about the growth potential of Getfugu and its new ‘See It, Say It, Get It’ mobile search technology,” commented Hsin-Hau Lu, Managing Director of Hutton. “We look forward to assisting Getfugu in its expansion efforts, particularly in the substantial Asian market where we believe it will be adopted quickly.” For more detailed information on this transaction, see the Company’s current report on Form 8-K filed with the SEC on December 29, 2009
About Hutton Hutton International Investments, Ltd. is an institutional investor that assists dedicated management teams to fuel the expansion of small cap public companies. By supplying flexible and innovative financing solutions, Hutton seeks to unlock the full potential of previously resource-constrained businesses. Hutton pursues investment opportunities in public companies that have a sizable public float, a reasonable level of liquidity, and significant growth potential. The firm is uniquely positioned to structure, negotiate and execute transactions in a timely manner with a high degree of certainty
For more information on Hutton, please visit www.huttonin.co
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