Net Talk.com, Inc. (OTCPK:NTLK) announced a private placement of a secured promissory note for gross proceeds of $4,071,940 on February 27, 2014. The transaction will include participation from a single investor. The note will carry an interest rate of 5% and will mature on March 1, 2016.

On February 27, 2014, Net Talk.com, Inc. closed the transaction.