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Posted June 25. 2013 12:33PM

ProPhotonix gets another $3m infusion

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A $3m financing package would be interest-free for a year, followed by a hefty 12.25% interest rate. In exchange, Tiger created May 6 and based in Rye, where Patricia Losik lives -- will get $60,000 and 9.1 percent of the company.


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