By Sheri Kasprzak
New York, May 16 - EPOD International Inc. is planning to close a $1 million private placement.
The company agreed to sell 5 million shares to institutional investors in the offering.
EPOD said in a statement that it expects the deal to be oversubscribed before closing.
Reno, Nev.-based EPOD is an eco-power utility and electric power systems provider.
Issuer: | EPOD International Inc.
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Issue: | Stock
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Amount: | $1 million
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Shares: | 5 million
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Price: | $0.20
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Warrants: | No
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Announcement date: | May 16
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Stock symbol: | Pink Sheets: EPOI
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Stock price: | $0.20 at close May 16
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