FNIX had $13M PIPE Oct 2 FNIX: Closes $13M PIPE; Series P Convertible Preferred Thursday,
October 02, 2008 16:59ET On October 2, 2008, Fonix Corporation (OTCBB: FNIX) announced it has reached agreement with holders of approximately $13 million of debt to exchange that debt for convertible preferred stock. Fonix will issue 1,300 shares of Series P Convertible Preferred shares in...