Network 1 Financial Group, Inc. (OTCPK:NTFL) announced a private placement of partnership interests for gross proceeds of $2,500,000 on May 2, 2013. The company will issue securities pursuant to exemption provided under Regulation D. An investor will invest a minimum of $50,000. The company will pay sales commissions of $75,000 with respect to the transaction. The company will raise money through Investors League Special Opportunity Fund I LP.

The transaction was cancelled as of May 2, 2014.