SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
Pursuant to Section 13 OR 15(d) off The Securities Exchange Act of 1934
Date of Report (Date of earliest September 7, 2017
Exact name of registrant as specified in its charter
Commission file number:
State or other jurisdiction of incorporation
I.R.S. Employer Identification No.)
2901 Highland Drive, Unit 13B, Las Vegas, NV
(Address of principal executive offices)
Registrant’s telephone number, including area code
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Item 3.02 Unregistered Sales of Equity Securities
On September 7, 2017 the company broke escrow in the financing under a Private Placement Offering. The Company is offering up to 120 units that consist of 100,000 shares of common stock at $0.25 per share and a warrant to purchase an additional 50,000 shares of common stock at $0.50 per share. The total potential capital raise is up to $7.5 million dollars. The minimum financing was $500K. The initial funding released to the company was $650,000 with additional commitments of $500K. The Private Placement is scheduled to close on October 31, 2017 and is available only to accredited investors with a minimum of $500K in annual income or $5M in net worth. The use of funds is to expand MCIG operations and services.
Item 9.01 Financial Statements and Exhibits.
Confidential Private Placement Memorandum
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: October 25, 2017
/s/ Paul Rosenberg
Chief Executive Officer
1 Year : From Feb 2017 to Feb 2018
Today : Saturday 24 February 2018
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