TinyMassive completes $110,000 final tranche

TinyMassive completes $110,000 final tranche
2010-08-17 22:11 ET - News Release
Mr. Bruno Gasbarro reports
TINYMASSIVE ANNOUNCES COMPLETION OF 2ND TRANCHE AND FINAL CLOSE ON PRIVATE PLACEMENT
TinyMassive Technologies Inc. has completed the second tranche of the private placement previously announced in Stockwatch on July 9, 2010. On Aug. 13, 2010, the company issued 2.2 million common shares at a price of five cents per share for aggregate proceeds of $110,000. A commission of $1,000, being 10 per cent of funds raised from certain investors, was paid to PI Financial Corp. Total proceeds for both private placements, July 30, 2010, and Aug. 13, 2010, are $281,500, with 5.63 million common shares issued. The total amount of the commission paid for both private placements is $15,150. The company intends to use the proceeds raised from the issuance of these securities for the operations of TBwaP Inc. The company currently owns approximately 51 per cent of TBwaP and is negotiating to acquire the remaining 49 per cent.
About TBwaP
TBwaP is a free community website and weekday e-mail newsletter. Tight Bod with a Pod aims to create the insider's guide to prenatal and postnatal fitness and healthy living -- from workout regimens and yummy on-the-go snacks to the best baby gadgets and family travel ideas, all written and approved by chic, modern moms. The company plans to publish weekday editions, all delivered through e-mail and available on its website. Although pregnancy and motherhood know no borders, Tight Bod with a Pod is located in Los Angeles, Calif.