Medical technology developer sells promissory note due March 30, 2016
By Devika Patel
Knoxville, Tenn., July 9 – Medifirst Solutions Inc. sold a $59,000 convertible promissory note in a private placement on July 8, according to an 8-K filed Thursday with the Securities and Exchange Commission.
The note is due on March 30, 2016.
The Freehold, N.J., company develops a diverse line of medical and health-care products and technologies, including a mobile laser unit to treat skin-related concerns and an LED light therapy system to treat pain.
Proceeds will be used for general working capital purposes.
| Issuer: | Medifirst Solutions Inc.
|
| Issue: | Convertible promissory note
|
| Amount: | $59,000
|
| Maturity: | March 30, 2016
|
| Warrants: | No
|
| Settlement date: | July 8
|
| Stock symbol: | OTCBB: MFST
|
| Stock price: | $0.01 at close July 7
|
| Market capitalization: | $274,800
|
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