Attune RTD (OTCPK:AURT) announced a equity line private placement with new investor Dutchess Opportunity Fund, II, LP, a fund managed by Dutchess Capital Management, LLC for gross proceeds of $5,000,000 on June 26, 2013. The company will issue common shares over the period of 36 months. The company may ask for drawdown from time to time and the maximum number of shares that the company is entitled to issue in any one draw down notice is the greater of either 200% of the average daily volume of the company's common stock for the three trading days prior to the date of delivery of the applicable draw down notice, multiplied by the average of the three daily closing prices immediately preceding the notice date or $100,000.

The price per share shall be set at 95% of the lowest daily volume weighted average price of the common share during the five consecutive trading day period beginning on the date of delivery of the applicable draw down notice. The company will pay $15,000 toward the preparation of the equity line transaction documents at the earlier of, closing of the first transaction directly from the proceeds, or 120 days from June 26, 2013. The company will issue securities pursuant to exemption provided under Regulation D.