VizConnect, Inc. (OTCBB:VIZC) announced an equity line of funding of 6,600,000 common shares with new investor KVM Capital Partners LLC for gross proceeds of $1,200,000 on November 21, 2013. The company will issue shares to the investor over a period of up to 36 months. The company will also issue 100,000 shares consideration to the investor for entering into the transaction.

The maximum investment amount per notice will be no more than 200% of the average daily volume up to $250,000 of the common stock for the ten consecutive trading days immediately prior to the date on which the investor received such put notice. The purchase price per share to be paid by the investor will be calculated at a 20% discount to the average of the three lowest volume weighted average prices of the common stock during the ten consecutive trading days immediately prior to date on which the investor received the put notice. The ownership of the investor cannot exceed 4.99% of the outstanding shares of the company.

The company will issue the securities to the investor pursuant to exemption provided under Regulation D. Eric Stein of Szaferman Lakind Blumstein & Blader, PC will act as legal advisor to the company for the transaction.