Company sells 193 million common shares at $0.001 per share in deal
By Devika Patel
Knoxville, Tenn., March 12 - Clone Algo Inc. settled a $193,000 private placement of stock with two investors on Jan. 8, according to an 8-K filed Wednesday with the Securities and Exchange Commission.
The company sold 193 million common shares at $0.001 apiece.
The private blank-check company is based in Singapore.
| Issuer: | Clone Algo Inc.
|
| Issue: | Common stock
|
| Amount: | $193,000
|
| Shares: | 193 million
|
| Price: | $0.001
|
| Warrants: | No
|
| Settlement date: | Jan. 8
|
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