VeruTEK Technologies, Inc. Completes $2.0 Million Private Placement

BLOOMFIELD, Conn.–(BUSINESS WIRE)–VeruTEK Technologies, Inc. announced the completion of a private placement offering via memorandum. The proceeds of the financing will be used to repay outstanding promissory notes, leaving the company debt free. The remaining proceeds will be used for working capital. The company is pleased to acknowledge the continued support of its most significant shareholders in this private placement offering memorandum.

VeruTEK Technologies, Inc. is the first company to develop, formulate and market proprietary Green Technology solutions (Coeluent Technologies®) and patent-pending implementation technologies that actually eliminate the toxic and harmful effects of chemicals present in the environment.

http://www.businesswire.com/portal/site/google/?ndmViewId=news_view&newsId=20090505005117&newsLang=en

About Us

PPM is the leading U.S. entrepreneurial firm that specializes in writing private placement memorandums (PPM) and linking investors with entrepreneurs.

Since 1999, the founders of PPM have provided professional business writing services, such as a PPM or business plan, to more than 2,000 businesses worldwide. Our company is considered to be the most cost effective, efficient consultants for private placement memorandum development in the United States. We are Wall Street’s, and by extension, the New York private placement (PPM) leaders.

PPM.co’s main service is the creation of private placement memorandum regulation d (Reg. d) documents. However, we offer much more. In case the entrepreneur needs additional services, such as a business plan, website, or additional legal work, PPM can create one pricing package for all required documentation or service. Because we simultaneously work with many companies both in and out of the U.S., the ability to adapt to the individual needs – as well as to regional and global demands – helps our clients save needed capital and time.