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Article: FNDS3000 Corp Announces Agreement for Financing and Launches Mobile Banking Initiative.
- Article from:
- Investment Weekly News
- Article date:
- November 21, 2009
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FNDS3000 Corp (OTC Bulletin Board: FDTC) (Frankfurt: "FT4," A0MWLG) announced the completion of a non-brokered private placement financing agreement in which the Company will potentially raise up to $1.5 million through the issuance of its common stock and warrants to Sherington Holdings, LLC ("Sherington"). The Company also announced the launch of a mobile banking initiative for which a company associated to Sherington will contribute the services of a consultant in mobile software platforms to assist the Company over the next year. The parties have valued the contribution at approximately $250,000.
The Company anticipates two closings, the first of which ...