BMOD filed an 8K on the latest round and it couldn't have been more straight forward. Looked exactly like funding I've seen done by 100's of public companies.
Item 1.01. Entry into a Material Definitive Agreement.
On September 15, 2010, Biomoda, Inc., a New Mexico corporation entered into a Securities Purchase Agreement with two institutional investors, pursuant to which the Company agreed to sell in a private placement transaction an aggregate of $560,000