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Published on 9/21/2012 in the Prospect News PIPE Daily.

O2 Secure Wireless negotiates $50 million equity financing facility

Three-year agreement reached with investor AGS Capital Group

By Devika Patel

Knoxville, Tenn., Sept. 21 - O2 Secure Wireless Inc. said it has secured a $50 million three-year reserve equity financing facility with AGS Capital Group, LLC.

The Norcross, Ga.-based company designs and maintains high-speed wireless broadband connection networks.

Issuer:O2 Secure Wireless Inc.
Issue:Reserve equity financing agreement
Amount:$50 million
Tenor:Three years
Warrants:No
Investor:AGS Capital Group, LLC
Agreement date:Sept. 21
Stock symbol:OTCBB: OTOW
Stock price:$0.0004 at close Sept. 20
Market capitalization:$1.13 million

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