Turn Around sub and penny stocks under a $1.00 Message Board

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Strategies & Market Trends : Turn Around sub and penny stocks under a $1.00

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From: Tadsamillionaire	11/7/2007 7:25:28 PM
	of 53

Institutional Investor Group Undertakes Premium to Market Financing CinTel Corp. (OTC BB:CNCN.OB - News) announced that a group of qualified individual buyers and current shareholders purchased an aggregate of 7,000,000 shares of the company's common stock on October 30, 2007, pursuant to a share subscription agreement. The investors purchased the shares of common stock at $0.70 per share with the Company receiving gross proceeds of $4,900,000. On the same day, CinTel Corp.'s common stock closed at $0.35 per share, as reported by the OTC Bulletin Board.

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