Offering is comprised of 800,000 common shares, sold at $0.011 apiece
By Devika Patel
Knoxville, Tenn., June 20 – Advanced Voice Recognition Systems, Inc. completed an $8,800 private placement of stock on June 17, according to an 8-K filed Friday with the Securities and Exchange Commission.
The company sold 800,000 common shares at $0.011 per share. The price per share is a 10% premium to $0.01, the June 16 closing share price.
Based in Scottsdale, Ariz., the company develops speech recognition and transcription technologies.
| Issuer: | Advanced Voice Recognition Systems, Inc.
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| Issue: | Common stock
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| Amount: | $8,800
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| Shares: | 800,000
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| Price: | $0.011
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| Warrants: | No
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| Settlement date: | June 17
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| Stock symbol: | OTCBB: AVOI
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| Stock price: | $0.01 at close June 16
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| Market capitalization: | $3.2 million
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