New Issue: La Solucion completes $2.6 million private placement of shares

By Devika Patel

Knoxville, Tenn., Dec. 28 - La Solucion, Inc. settled a $2.6 million private placement of stock on Dec. 20, according to an 8-K filed Friday with the Securities and Exchange Commission.

The company sold 5.2 million common shares at $0.50 apiece.

Rig Fund II A, Ltd. bought 3 million of the shares for $1.5 million. E&P Fund, Ltd. bought 2 million of the shares for $1 million, and Guy-Philippe Bertin bought 200,000 shares for $100,000.

Based in Chapel Hill, N.C., La Solucion provides daily assistance services to the non-English speaking Hispanic population in North Carolina.

Issuer:	La Solucion, Inc.
Issue:	Common stock
Amount:	$2.6 million
Shares:	5.2 million
Price:	$0.50
Warrants:	No
Investors:	Rig Fund II A, Ltd. (for $1.5 million), E&P Fund, Ltd. (for $1 million), Guy-Philippe Bertin (for $100,000)
Settlement date:	Dec. 20
Stock symbol:	OTCBB: LSLU

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