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Strategic partnership discussions continue
February 3, 2011
By: DAVID SAVASTANO
Editor, Ink World Magazine
DayStar Technologies, Inc. announced it has entered into a $5 million securities purchase agreement with Socius CG II, Ltd., a subsidiary of Socius Capital Group. Daystar also announced the additional extinguishment of debt in exchange for shares of common stock as the company continues to restructure its balance sheet and pursue a strategic partnership. “This flexible financing arrangement, with a proven partner in Socius Capital, will strengthen our balance sheet and will better position us...
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