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.
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