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Re: None

Tuesday, 04/12/2016 6:49:56 PM

Tuesday, April 12, 2016 6:49:56 PM

Post# of 62920
The opportunity to refinance CoroWare's convertible debt finally presented itself as CoroWare achieved strong revenue growth in fiscal years 2014 and 2015. The path to achieving this objective began with CoroWare's Board of Directors authorizing a Stock Repurchase Program on November 4, 2015 in order to repurchase up $0.5 Million of Its common shares of the Company's issued and outstanding common stock over a two-year period.

Next, CoroWare's Board of Directors began the process of establishing forbearance agreements with significant convertible debt holders such as YA Global Partners, thereby stopping the conversion of convertible debt into CoroWare common shares.

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If shares sold for less than 0001, it wasn't conversion. Can COWI purchase for discounted price below lowest daily traded price?
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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