Symbius Financial, Inc. announced that it has received $150,000 in funding on April 25, 2012. The company issued 300,000 series A convertible preferred stock at $0.50 per share to new investor Alanco Technologies Inc. Each preferred stock is convertible into common share of the company. Alanco Technologies Inc. will hold a stake of 24% in the company upon conversion of preferred stock into 300,000 common shares of the company. The company also issued 250,000 warrants to the investor. Each warrant entitles the holder to purchase an additional common share of the company at $1.50 per share for a period of 24 months from the date of issuance. On April 25, 2012, Symbius Financial, Inc. closed the transaction.