Basta Holdings, Corp. (OTCBB:BSTA) announced that it has entered into a Stock subscription agreement for a private placement of 14,731,380 common shares at $0.010861 per share for gross proceeds of $160,000 with Dan Oran and/or his assigns on May 15, 2017. The transaction is expected to close by May 19, 2017. The company will not pay any brokerage fees, finder’s fees, agent’s commissions or other similar forms of compensation in connection with the transaction.