Published on 6/7/2006 in the Prospect News PIPE Daily.
New Issue: Electric Network.com concludes $1.01 million stock sale
By Sheri Kasprzak
New York, June 7 - The Electric Network.com, Inc. wrapped a $1.01 million private placement.
The company sold 5.05 million shares at $0.20 each to three investors.
Based in Vancouver, B.C., The Electric Network operates an online auction web site.
| Issuer: | The Electric Network.com, Inc.
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| Issue: | Stock
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| Amount: | $1.01 million
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| Shares: | 5.05 million
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| Price: | $0.20
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| Warrants: | No
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| Settlement date: | May 30
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| Stock symbol: | OTCBB: ETNW
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| Stock price: | $1.05 at close June 6
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