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Monday, March 28, 2016 9:12:45 AM
I am glad to see CoroWare has a plan to pay back short term debt.
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.
Coroware Inc (OTCPK:COWI)
Short-Term Debt
$4.57 Mil (As of Sep. 2015)
Short-Term Debt is the portion of a company?s debt that needs to be paid within the next 12 months. This gives investors an idea of how much money the company needs to pay down for the principle of its debt. Coroware Inc's short-term debt for the quarter that ended in Sep. 2015 was $4.57 Mil.
Long-Term Debt is the debt due more than 12 months in the future. Coroware Inc's long-term debt for the quarter that ended in Sep. 2015 was $0.00 Mil.
Recent COWI News
- Form 15-12G - Securities registration termination [Section 12(g)] • Edgar (US Regulatory) • 07/10/2024 08:38:14 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 05/15/2024 10:20:26 AM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 12/01/2023 09:20:45 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 11/15/2023 09:47:41 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/27/2023 12:30:16 PM
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