Pursuant to the private placement, the Company issued (a) US
Additionally, Austrian Gaming Industries GmbH ("AGI"), Octavian's
principal supplier of casino gaming machines, agreed to exchange outstanding
accounts payable held against the Company of US
Octavian has 10,812,700 shares of common stock issued and outstanding immediately following the financing described above.
The securities issued in the private placement and conversion have not
been registered under the Securities Act of 1933, as amended (the "Securities
Act"), or applicable state securities laws, and accordingly may not be
offered or sold in
About Octavian Global Technologies Inc
http://www.octavianinternational.com
Established in 2001, Octavian is a leading provider of total gaming and
lottery solutions, serving Casino, AWP (Amusements With Prizes), Lottery and
emerging gaming market sectors worldwide. Octavian-developed solutions, and
also leading third-party products, are marketed under four core solution
areas - OctaSystems, OctaGames, OctaSupplies and OctaLotto. The company
currently has offices and computer centres in the
SAFE HARBOR FOR FORWARD-LOOKING STATEMENTS
This news release contains forward-looking statements, including statements that include the words "believes," "expects," "anticipates," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance, or achievements of the Company to differ materially from those expressed or implied by such forward-looking statements. Factors that may affect these forward-looking statements include, among others, our ability to raise capital, the decisions of third parties over which we have no control, the state of the telecommunications industry, technological changes and other factors set forth from time to time in our public statements. This news release speaks as of the date first set forth above and the Company assumes no responsibility to update the information included herein for events occurring after the date of this news release.
For further information contact: Octavian Helen Hedgeland +44(0)1483-543-543 or mail H.Hedgeland@octavianinternational.com
SOURCE Octavian Global Technologies, Inc