SAN DIEGO, Calif., April 2, 2014 /PRNewswire/ -- Mind Solutions,
Inc. (OTCQB – VOIS), announces the receipt of a $1,000,000 funding commitment that will enable
the Company to initiate its business model and further the
development of their proprietary EEG/ BCI mobile headset. The
funding commitment provided requires the Company to file an S-1
Registration Statement with the Securities Exchange Commission to
become "Effective" prior to receiving funds. From there, the
Company may draw down monthly tranches of capital at their
discretion, on an "as needed" basis. The Company has filed an 8K
with full details on the funding terms. MSI plans to file their
annual 10K within the next week.
The Company still seeks funding and strategic partnership, to
complete the headset, from a larger outside firm that desires an
equity interest in the device itself. However, The Company
has secured the funding commitment to ensure the steady progress of
the product in the event Terms cannot be reached with an outside
investor.
Mind Solutions, Inc. has completed a proprietary working
prototype of the micro EEG headset to operate mobile smart phones
and tablets through the power of your mind. The Company believes it
will be the world's smallest user-friendly BCI product on the
market, which can be worn on the ear like a Bluetooth cellular
device. In an effort to minimize dilution in the publicly traded
stock, The Company has announced its desire to partner with or be
acquired by a larger firm with deeper resources in exchange for
direct ownership in the device itself. The Company is in
discussions with interested parties and encourages other firms that
desire ownership in this revolutionary product to contact The
Company immediately to be considered.
Investor Relations – Casey Burt
561-929-2324
Contact@MindSolutionsCorp.com
SOURCE Mind Solutions, Inc.