StockGuru Blog: Intelligentias (ITLI) – $40M Contract and $10M Investment in ITLI
Stock Guru Profile - News - Blogs On Monday Stock Guru asked, “What More Could ITLI Want than a $40M Contract?” Yesterday ITLI answered that question with the news of a $10.0 million transaction. With a $40M contract in hand to supply homeland security protection to an “ASIAN COUNTRY” ITLI is an attractive company! The Kingdon funds purchased an aggregate of 12,500,000 shares of Intelligentias’ series A preferred stock as well as “market” warrants to purchase an aggregate of up to 6,250,000 shares of Intelligentias’ common stock at an exercise price of $1.25 per share, and “premium” warrants to purchase…