other material
confidence high
sentiment neutral
materiality 0.40
ProtoKinetix issues 2M shares to CEO at $0.02/share in private placement raising $40K
ProtoKinetix, Inc.
- Issued 2,000,000 shares to President/CEO Clarence E. Smith at $0.02 per share for total proceeds of $40,000.
- Private placement relied on exemption under Section 4(a)(2) and Rule 506(b); no commissions paid.
- No solicitation was used; a Form D was filed separately.