{"id":141,"date":"2006-08-28T08:07:20","date_gmt":"2006-08-28T08:07:20","guid":{"rendered":"https:\/\/palladiumcapital.com\/wp-padium\/?p=141"},"modified":"2013-07-27T05:49:41","modified_gmt":"2013-07-27T05:49:41","slug":"palladium-capital-is-pleased-to-announce-1000000-equity-raise-for-mphase-technologies","status":"publish","type":"post","link":"https:\/\/www.palladiumcapital.com\/palladium-capital-is-pleased-to-announce-1000000-equity-raise-for-mphase-technologies\/","title":{"rendered":"Palladium Capital is pleased to announce $1,000,000 equity raise for mPhase Technologies"},"content":{"rendered":"<p><a href=\"https:\/\/palladiumcapital.com\/wp-content\/uploads\/2013\/07\/tomb_mphase.jpg\"><img decoding=\"async\" loading=\"lazy\" class=\" wp-image-418 alignleft\" alt=\"tomb_mphase\" src=\"https:\/\/palladiumcapital.com\/wp-content\/uploads\/2013\/07\/tomb_mphase-260x300.jpg\" width=\"156\" height=\"180\" srcset=\"https:\/\/www.palladiumcapital.com\/wp-content\/uploads\/2013\/07\/tomb_mphase-260x300.jpg 260w, https:\/\/www.palladiumcapital.com\/wp-content\/uploads\/2013\/07\/tomb_mphase.jpg 546w\" sizes=\"(max-width: 156px) 100vw, 156px\" \/><\/a>August 28, 2006: Palladium Capital Advisors, LLC announced today that it acted as exclusive placement agent in a transaction in which MPHASE TECHNOLOGIES INC (&#8220;The Company&#8221;)(XDSL:OTCBB) raised $1 million in equity. The deal involved the sale of 5,555,556 shares of common stock plus a 5 Year Warrant to purchase 5,555,556 shares of common stock at $.18 per share to Wolfson Equities, Inc., 1 State Street Plaza, New York, N.Y.<\/p>\n<p>Phase Technologies, Inc., a development stage technology company, engages in the development and sale of broadband communications products, primarily middleware\/software and set top boxes, in the United States. It also provides systems integration solutions for delivery of broadcast television, video-on-demand, Internet, and voice using internet protocol over the existing infrastructure of a telephone service provider. The company\u2019s other DSL products include Plain Old Telephone Service Splitter Shelf, a low pass\/high pass filter that separates voice and data transmissions; microfilters, including a 2 and 4 pole filter for use in single and multiphone households, as well as a Network Interface Device Splitter. mPhase Technologies has a research and development agreement with the Bell Labs division of Lucent Technologies, Inc. for exploratory development of micro power cell battery arrays employing nantextured superhydrophobic materials. The company was co-founded by Ronald A. Durando and David Klimek. mPhase Technologies was incorporated in 1979 and is headquartered in Norwalk, Connecticut.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>August 28, 2006: Palladium Capital Advisors, LLC announced today that it acted as exclusive placement agent in a transaction in which MPHASE TECHNOLOGIES INC (&#8220;The Company&#8221;)(XDSL:OTCBB) raised $1 million in equity. The deal involved the sale of 5,555,556 shares of common stock plus a 5 Year Warrant to purchase 5,555,556 shares of common stock at [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"_links":{"self":[{"href":"https:\/\/www.palladiumcapital.com\/wp-json\/wp\/v2\/posts\/141"}],"collection":[{"href":"https:\/\/www.palladiumcapital.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.palladiumcapital.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.palladiumcapital.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.palladiumcapital.com\/wp-json\/wp\/v2\/comments?post=141"}],"version-history":[{"count":0,"href":"https:\/\/www.palladiumcapital.com\/wp-json\/wp\/v2\/posts\/141\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.palladiumcapital.com\/wp-json\/wp\/v2\/media?parent=141"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.palladiumcapital.com\/wp-json\/wp\/v2\/categories?post=141"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.palladiumcapital.com\/wp-json\/wp\/v2\/tags?post=141"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}