Lifelogger Technologies closes $250,000 Private Placement
LifeLogger Technologies Corp is pleased to announce it closed a private placement of $250,000 with an accredited investor through the issuance of 417,000 shares of the Company’s common stock at a price of $0.60 per share.
The company will utilize these funds to complete the development of their video cloud storage solution featuring Android and IOS APP. We also are completing an open API to make it possible for other wearable cameras on the market to communicate with our cloud. This will make our cloud based video management available to a multitude of users upon public launch.
For more information please refer to our 8K filed today with the Securities and Exchange Commission.
LifeLogger is an emerging innovative wearable video and software company that is developing the way you record, store and recall life’s unique memories through its true POV wearable video camera.Our proprietary cloud based software solution can be used by any compatible Android/ IOS device on the market.
Forward Looking Statements – Safe Harbor
This press release contains forward-looking statements that involve risks and uncertainties concerning the plans and expectations of Lifelogger Technologies, Inc. to provide innovative wearable technology and related software applications and its expectations for future revenues. Actual events or results may differ materially from those described in this press release due to a number of risks and uncertainties. The potential risks and uncertainties include, among others, that the anticipated success of our technology may not be as expected. More information about potential factors that could affect our business and financial results is included under the captions, “Risk Factors” in the our Quarterly Report on Form 10-Q for the quarter ended June 30, 2014 which has been filed with the Securities and Exchange Commission (“SEC”) and available at the SEC’s website at www.sec.gov.