09:47 AM EST - Pediapharm Inc. : has entered into an agreement with Bloom Burton & Co Limited to complete a private placement of up to $5,000,000 principal amount secured, convertible debentures of the Company. The Debentures will mature four years from the date of issue, will bear interest at a rate of 12% per annum paid quarterly in cash and will be fully secured by the assets of the Company. Pediapharm Inc.
shares V.PDP are trading unchanged at $0.25.
