Dental Products Developer Holds Private Stock Sale
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Dental/Medical Diagnostic Systems Inc., Woodland Hills, has received equity funding in a private placement, selling approximately 216 million shares of common stock and warrants to purchase up to 719,101 shares of common stock for $1.92 million. The proceeds will be used for new product marketing and as working capital.
Dental/Medical Diagnostic Systems develops and markets products used in dentistry, including a digital X-ray system.
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