December 3, 2012
$PVCT: Form 4 Filing -- Insider Buying
Peter filed a Form 4 today in which he bought another 133,333 of common stock, a cash expenditure of $100K.
This purchased related to Eric and Peter's prior purchases of common stock at $0.75 per share in the October raise for which Form D filings by each of them previously were made. Investors in this fund raising placement were issued one 5-year warrant for each common stock share purchased (i.e., 1-to-1). The warrants have a $1.00 strike price.