Micro Imaging Technology, Inc. announced that it has received $0.18 million in funding.
On the same day, the investor subscribed for 35,294,118 shares for gross proceeds of $60,000 in the first tranche. The investor now holds 6.7% stake in the company.
On February 28, 2013, the investor subscribed for 35,294,118 shares for gross proceeds of $60,000 in the second tranche. The investor now holds 8% stake in the company.
On April 3, 2013, Micro Imaging Technology, Inc. closed the transaction.