Raises $13.0M through secured notes, registered direct offering and private placement
Issued two secured promissory notes for $4.1M at 9.0% with $342,000 OID and $6.2M at 5%, generating $10M gross proceeds. - Agreed to sell 2.97M shares of common stock or equivalents at $1.00/shr in a registered direct offering for expected gross proceeds of $2.97M; closing expected on or about July 1st. - Concurrent pr