Company sells senior secured debentures due Dec. 31, 2013
By Devika Patel
Knoxville, Tenn., Oct. 16 - netTALK.com, Inc. arranged a $1.15 million private placement of 10% senior secured debentures on Oct. 16, according to an 8-K filed Tuesday with the Securities and Exchange Commission.
The debentures mature Dec. 31, 2013.
Based in Miami, Fla., netTALK.com provides voice-over-internet protocol products and services.
| Issuer: | netTALK.com, Inc.
|
| Issue: | Senior secured debentures
|
| Amount: | $1.15 million
|
| Maturity: | Dec. 31, 2013
|
| Coupon: | 10%
|
| Warrants: | No
|
| Settlement date: | Oct. 16
|
| Stock symbol: | OTCBB: NTLK
|
| Stock price: | $0.15 at close Oct. 15
|
| Market capitalization: | $8.77 million
|
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