Joe Nirta buys convertible promissory note due Nov. 16, 2012 in offer
By Devika Patel
Knoxville, Tenn., Aug. 16 - Ecology Coatings, Inc. sold a $100,000 convertible promissory note to Joe Nirta on Aug. 16, according to an 8-K filed Thursday with the Securities and Exchange Commission.
The 5% note is due on Nov. 16, 2012 and is convertible into common shares.
Based in Salt Lake City, Ecology Coatings develops nanotechnology-enabled, ultraviolet curable coatings that are designed to drive efficiencies and clean processes in manufacturing.
| Issuer: | Ecology Coatings, Inc.
|
| Issue: | Convertible promissory note
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| Amount: | $100,000
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| Maturity: | Nov. 16, 2012
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| Coupon: | 5%
|
| Warrants: | No
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| Investor: | Joe Nirta
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| Settlement date: | Aug. 16
|
| Stock symbol: | OTCBB: ECOCD
|
| Stock price: | $0.04 at close Aug. 15
|
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