Visionstate announces $225K private placement

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By CPE News

Edmonton, AB (pcJ News Briefs) – Visionstate Corp. (TSX-V: VIS) intends to complete a private placement of up to 17,000,000 common at $0.015 per share for gross proceeds of up to $255,000.

Visionstate intends to use the proceeds from the maximum offering as follows: $150,000 for inventory, sales and marketing of WANDA; $50,000 for sensor research and development project and $55,000 towards general operations.

Visionstate Inc., a division of Visionstate Corp., is a provider of interactive technology software that connects the world with enhanced guest services in public spaces. By engaging customers throughout a facility, from touchscreen directories to mobile applications to cleaning management software, Visionstate adds to a building’s experience with its original interactive solutions.

photo credit: Visionstate