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BONE, Bacterin International Holdings, Inc.
** BONE reported the closing of a $25 million non-dilutive financing with an affiliate of OrbiMed Advisors LLC.
The financing will enable BONE to execute its growth strategy through anticipated profitability.
Under the terms of the agreement, BONE initially received $20 million and has the ability to draw down an additional $5 million based upon the achievement of mutually agreed upon revenue objectives prior to December 31, 2013. BONE received net proceeds of approximately $10 million after repayment of existing indebtedness as well as other transaction related fees and expenses.
Net proceeds will be used BONE for general working capital purposes. No equity securities or warrants were issued as part of the transaction.
BONE develops, manufactures and markets biologics products to domestic and international markets. BONE's proprietary methods optimize the growth factors in human allografts to create the ideal stem cell scaffold to promote bone, subchondral repair and dermal growth.
More about BONE at www.bacterin.com.
GBDC, Golub Capital BDC, Inc.
** GBDC was downgraded from Buy to Hold by Brokerage Firm Stifel Nicolaus.
GBDC principally invests in senior secured, one stop, mezzanine and second lien loans of middle-market companies that are, in most cases, sponsored by private equity investors.
More about GBDC at www.golubcapitalbdc.com
A wide variety of Internet marketing strategies could be used to advertise and increase sales. It includes SEO, email marketing, press releases, and now video marketing.
Restricting your marketing to just written text vastly limits your audience; video marketing should be seen as another mode of online communication to reach potential customers.
CRWE offers advertising branding and marketing services as a worldwide online multi-media publisher with its digital network of websites and focuses on the distribution of information for the purpose of bringing together a targeted audience and the advertisers that want to reach them.
CRWEs advertising services cover and connect a range of marketing specialties, as well as provide search engine optimization for clients interested in online media awareness.
More about CRWE at www.crownequityholdings.com.
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Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.