Mobiquity Technologies raises $1.04M in oversubscribed placement; converts notes

Mobiquity Technologies, Inc.

Converted $212,000 in demand promissory notes (plus $25,000 for legal services) into convertible notes due Dec 31, 2024 at $0.50/share.
Chairman Dr Salkind holds $160,000 of the convertible notes.
Private placement oversubscribed at $1,037,000; $435,000 cash raised since last filing from accredited investors.
Total outstanding common shares now 7,447,816.
Exemption claimed under Rule 506 and Section 4(2)/3(a)(9); no commissions paid.

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