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Alias Born | 02/26/2013 |
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Saturday, March 26, 2016 1:33:57 PM
CoroWare is furthering its long term plan to restructure and extinguish convertible debt with the objective of reducing debt and increasing shareholder value."
In return for YA Global's forbearance, CoroWare has agreed to a monthly repayment plan that will partially extinguish the unpaid interest portion comprising the convertible debenture during a period ending on April 30, 2016, and provide CoroWare with the opportunity to restructure its outstanding debt in cooperation with strategic investment partners.
In My Opinion the strategic partner is Microsoft!
IMO
COWI
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