Latest Preventia Inc (PVTA) Headlines Prevent
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Preventia Exchanges 1.1 Million Shares of Preferred Stock for FINs Worth $8.25 Million
Business Wire - Wed Apr 10, 6:00AM CDT
Preventia, Inc. (OTCBB: PVTA) announces the purchase of $8,250,000 (face value) of Fixed Income Notes (FINs) from an institutional investor at a purchase price of $7,672,500. Under the agreement, PVTA is allowed to pay the purchase price in preferred stock. PVTA is in the process of obtaining shareholder approval to create and issue the stock. As part of the agreement, Preventia will be issuing 10 million warrants for common shares, at an exercise price of $0.79 per share.
Consolidating Market Position, Preventia Acquires Patent to Electronic Trading System
Business Wire - Tue Mar 05, 6:00AM CST
Preventia, Inc. (OTCBB: PVTA) announces acquiring the "Electronic Trading System" patent, a proprietary system designed to facilitate the trading of instruments, investments, securities and assets between buyers and sellers in a trading environment. The Company acquired the U.S. Patent No. 8,165,952 from PTS UK for 12,500,000 Preventia shares plus 10% of the net service fees, license fees and litigation proceeds.