Next 1 Interactive, Inc. Just Filed Its Quarterly Report: Note 11 – Subsequent...

Note 11 – Subsequent Events

The Company has evaluated subsequent events occurring after the balance sheet date and has identified the following:

 Subscriptions

  On September 8, 2016, we received $370,000 in proceeds and issued 148,000 shares of common stock and common stock warrants to purchase 148,000 shares of common stock expiring on September 7, 2017, with an exercise price of $2.50 per share.
  On September 14, 2016, we received $20,000 in proceeds and issued 8,000 shares of common stock and common stock cashless warrants to purchase 24,000 shares of common stock expiring on February 20, 2017, with an exercise price of $1.50 per share.

Warrant Exercise

  On September 8, 2016, we issued 2,084 shares of common stock in connection with a cashless warrant exercise.
  On September 12, 2016, we issued 1,877 shares of common stock, in connection with a warrant exercise for consulting services valued at $2,016.
  On September 21, 2016, we received $2,000 in proceeds and issued 4,000 shares of common stock in connection with a warrant exercise.

 Consulting Agreements

  On September 1, 2016, we issued 150,000 shares of common stock and common stock cashless warrants to purchase 150,000 shares of common stock expiring on August 31, 2018, with an exercise price of $3.00 per share, in connection with an agreement for IR Services valued at $300,000.
  On September 8, 2016, we issued 20,000 shares of common stock in connection with an agreement for Investor Relations (IR) Services valued at $40,000.
  On September 14, 2016, we made a payment of $50,000 for services in connection with an IR agreement and issued 20,000 shares of common stock and common stock warrants to purchase 20,000 shares of common stock expiring on September 7, 2017, with an exercise price of $2.50 per share.
  On September 15, 2016, we entered into a Marketing and Stock Exchange Agreement with Recruiter.com and in connection with this agreement, we issued 150,000 shares of common stock at a value of $225,000. In exchange Recruiter.com will provide marketing services and issue us 2,220 shares of Recruiter common stock representing a 1.5% ownership in Recruiter.com.
  On September 19, 2016, we issued 5,800 shares of common stock in connection with a consulting agreement for IR Services valued at $116,000.

The above information was disclosed in a filing to the SEC. To see the filing, click here.

To receive a free e-mail notification whenever Next 1 Interactive, Inc. makes a similar move, sign up!

Other recent filings from the company include the following:

Next 1 Interactive, Inc. director just picked up 50,000 shares - March 16, 2017
Entry into a Material Definitive - March 10, 2017
Major owner of Next 1 Interactive, Inc. just picked up 100,000 shares - March 9, 2017
General statement of acquisition of beneficial ownership - March 9, 2017

Auto Refresh

Feedback