RVue Holdings takes in $859,000 through private placement of stock

Company sells 12,271,428 shares at $0.07 per share in offering

By Devika Patel

Knoxville, Tenn., Dec. 2 - RVue Holdings, Inc. settled an $859,000 private placement of stock between Nov. 25 and Dec. 2, according to an 8-K filed Monday with the Securities and Exchange Commission.

The company sold 12,271,428 common shares at $0.07 per share. The price per share is a 36.36% discount to $0.11, the Nov. 22 closing share price.

Based in Fort Lauderdale, Fla., RVue offers digital advertising services.

Issuer:	RVue Holdings, Inc.
Issue:	Common stock
Amount:	$859,000
Shares:	12,271,428
Price:	$0.07
Warrants:	No
Settlement date:	Between Nov. 25 and Dec. 2
Stock symbol:	OTCBB: RVUE
Stock price:	$0.11 at close Nov. 22
Market capitalization:	$12.91 million

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