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Today's hot alert includes : COPsync, Inc. (OTCBB:COYN)
COPsync, Inc. Completes $1.5 Million Equity Financing
CANYON LAKE, Texas, Oct. 20, 2009 -- COPsync, Inc. (OTCBB:COYN), a software technology provider to law enforcement and emergency service professionals, announced today that the Company has successfully completed an equity private placement of its convertible preferred stock, receiving approximately $1.5 million in gross proceeds and commitments. The preferred stock carries a 7% coupon and is convertible into common stock at $0.10 per share. The investors also received 20% warrant coverage at a strike price of $0.20.
BURTONSVILLE, Md.--Oct 20, 2009 -- New Energy Technologies, Inc. (Symbol: NENE), a next-generation alternative and renewable energy developer, today announced that ongoing tests of the Company's MotionPower(TM)-Auto technology for generating electricity from the movement of cars and light trucks have produced a 25-fold increase in its capacity to capture energy from moving vehicles - an important breakthrough in maximizing the amount of electricity generated by the system.
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