GeneLink Inc. (OTCBB:GNLK) announced a private placement of common shares for gross proceeds of $1,500,000 on June 20, 2012. The securities will be issued pursuant to Regulation D. First Equity Capital Securities, Inc. will serve as the placement agent to the company and is entitled to receive $120,000 as sales commission. As on July 19, 2012, the company raised $215,000 fro two investors.