Digital Alchemy

February 27, 2012 14:45 ET

Digital Alchemy Intelligent Software Ltd.: The Rush is On! $5 Million in RRSP Eligible Financing Expected to be Oversubscribed

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 27, 2012) - Digital Alchemy (DA), a secretive new developer of machine learning based risk management solutions, is pleased to announce that the Company is offering BC Investors up to $5,000,000 in RRSP and TFSA eligible shares triggering an immediate 30% refundable tax credit until February 29, 2012.

CEO J. Bradley Hall commented, "The top 10 reasons our offer resonates with sophisticated BC investors include:

  1. Proven management team with global experience,
  2. Cutting edge AI technology ready to be deployed by year end,
  3. Advanced dialogue with well defined and underserved marketplace,
  4. $5m market cap that is poised to explode,
  5. 30% refundable BC tax credits may be targeted for elimination,
  6. RRSP and TFSA eligible,
  7. Four year carry forward equals potential $300,000 in tax refunds,
  8. Companies can also invest to capture 30% BC tax credits,
  9. Emerging local success story with global ambitions,
  10. BC Investors prefer to hang on to their hard earned wealth.

In closing Mr. Hall noted, "The opportunity to participate in financing a fast growing company, with cutting edge technology and a world class management team generally gets sophisticated investors attention. When you add 30% refundable tax credits to the mix the response is predictable. An invitation to participate is on a first come first serve basis, so I would encourage interested parties to contact us as our ability to offer the tax credits expires on February 29th."

The information contained in this press release does not constitute an offer to sell securities, or the solicitation of an offer to buy or recommendation for investment in any securities. The information is not intended as financial advice.

Contact Information