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Victory Electronic Cigarettes seals $200,000 placement of convertibles
Offering sells four notes of $50,000 each along with 200,000 warrants
By Devika Patel
Knoxville, Tenn., Aug. 21 - Victory Electronic Cigarettes Corp. completed a $200,000 private placement of 12% convertible notes on Jan. 31, 2013, according to an 8-K filed Wednesday with the Securities and Exchange Commission.
The company sold four notes of $50,000 each. They mature on Jan. 31, 2014.
Investors also received 200,000 warrants.
The Ball Ground, Ga., company offers electronic cigarettes.
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