Defense Solutions Holding, Inc. (OTC.BB: DFSH) has entered a common stock purchase agreement with Seaside 88, L.P. The agreement is for DFSH to sell Seaside 1,500,000 shares of common stock at a price of $0.24 per share, resulting in gross proceeds to Defense Solutions of $360,000. The price of the common stock was $0.44 per share at close of market on the date of December 14, 2009. The shares sold to Seaside may not be sold in the public market until the Rule 144 holding period is satisfied.
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About Defense Solutions:
Defense Solutions Holding, Inc. is headquartered in Exton, PA. Established in 2001, the firms' founding philosophy was to deliver the world's best solutions to military members so they can perform their jobs with minimal risk. Defense Solutions has worked for Federal and State departments and agencies, the White House, and international allied organizations including Iraq's Defense Ministry, NATO, and the Multi-National Force in Iraq.
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