Sibling Group Holdings, Inc. (OTCPK:SIBE) announced that it entered into securities purchase for private placement of 1,428,571 shares at $0.07 per share for gross proceeds of $100,000 with Hank Scherich for gross proceeds of $100,000 on February 27, 2015. The company also issued warrant to purchase up to 1,428,571 shares of at any time and from time to time for a period of five years at an exercise price of $0.10 per share.