isatori inc (IFIT:OTC US)
Transactions by ISATORI INC (IFIT) in the last 6 months
iSatori, Inc. (OTCBB:IFIT) announced that it has entered into a security agreement for a private placement of a demand promissory note for gross proceeds of $750,000 on September 11, 2015. The transaction included participation from new lender, FitLife Brands, Inc. The note is issued at par value. The note is due and payable on demand after October 15, 2015. The note bears a fixed rate of interest of 2% per annum which interest rate increases to 12% if the note is not ...
FitLife Brands, Inc. (OTCPK:FTLF) entered into an agreement to acquire iSatori, Inc. (OTCPK:IFIT) from RENN Universal Growth Investment Trust PLC managed by RENN Fund, Inc. (AMEX:RCG), Breakwater Investment Management, LLC, and others for $6.7 million in stock on May 11, 2015. Under the terms of agreement, FitLife will issue to shareholders of iSatori 0.3 shares of FitLife common stock in exchange for each share of iSatori, such that upon closing of the transaction FitLife ...
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