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Boo Koo Holdings, Inc. Raises $1 Million Through Private Placement.

Publication: PR Newswire
Publication Date: 03-JUL-08
Format: Online
Delivery: Immediate Online Access

Article Excerpt
ADDISON, Texas, July 3 /PRNewswire-FirstCall/ -- Boo Koo Holdings, Inc. (BULLETIN BOARD: BOKO) announced today that it has raised $1 million through the issuance of Subordinated Notes in a private placement financing in which Gil Cassagne, a Director of the Company, and other accredited investors participated. The proceeds from the private placement will be used for working capital and general corporate purposes.

The Subordinated Notes bear interest at a rate of 15% and mature on December 31, 2008. The Notes are not convertible. Investors...

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