ACE*COMM (ACEC) Updates Proposed $4.2 Million Financing
ACE*COMM Corporation (NASDAQ: ACEC) announced that negotiations on its proposed $4.2 million convertible debt financing are proceeding and that it expects to sign a contract in the next several days.
The financing, originally announced in the Company's May 15, 2007 third-quarter-2007 earnings announcement, will provide ACE*COMM with working capital to continue successfully penetrating the wireless market with its Patrol Suite product line.
Create E-mail AlertRelated Categories
Corporate NewsStocks Mentioned
+0.00Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
