Posted On: 04/10/2012 12:18:50 PM
Post# of 36427
FTCH...from last PR:
ALPHARETTA, Ga., Feb. 27, 2012 /PRNewswire/ -- F3 Technologies, Inc. (Pinksheets: FTCH.PK) is pleased to tell its valued shareholders that it has received a signed term sheet for $2 million in non-equity based funding from a private financier.
"After several weeks of intense negotiations the company is pleased to have received this very favorable term sheet for $2 million," commented Frank Connor, F3 Technologies' chief executive officer. "That this funding requires no issuance of stock and no issuance of a percentage of the company is a win win for the shareholders."
Connor continued, "This funding will hasten the current subscriber base development activities of FargoTube(TM), FargoTunes(TM), and Interactive Defense(TM), as well as the identification of potential acquisition targets to further accelerate our business plan ."
ALPHARETTA, Ga., Feb. 27, 2012 /PRNewswire/ -- F3 Technologies, Inc. (Pinksheets: FTCH.PK) is pleased to tell its valued shareholders that it has received a signed term sheet for $2 million in non-equity based funding from a private financier.
"After several weeks of intense negotiations the company is pleased to have received this very favorable term sheet for $2 million," commented Frank Connor, F3 Technologies' chief executive officer. "That this funding requires no issuance of stock and no issuance of a percentage of the company is a win win for the shareholders."
Connor continued, "This funding will hasten the current subscriber base development activities of FargoTube(TM), FargoTunes(TM), and Interactive Defense(TM), as well as the identification of potential acquisition targets to further accelerate our business plan ."
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