Foldera receives additional $1 million funding
Foldera, an information organizer and collaboration service for computer users worldwide, announced that Vision Opportunity Master Fund, Ltd., a qualified institutional buyer and prior investor in the company has purchased an additional $1,000,000 of the company’s common stock. On July 27, 2007, via an amendment to the May 4, 2007 agreement, Vision agreed to purchase 6,666,667 shares of common stock at $0.15 per share. On the same day, Foldera’s common stock closed at $0.105 per share, as reported by the OTC Bulletin Board.
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