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Wednesday, December 12, 2018 8:20:12 PM
it has restructured approximately $950,000 worth of debentures. These debentures that originally matured during the year 2018 have now been extended by three years and will mature during the year 2021. The company is continuing discussions with debenture holders and expects to restructure more of these debentures in the near future. “The company’s goal is to restructure approximately $4,000,000 worth of debentures before the end of this fiscal year,” said Garett Parsons, President and CEO. “With almost one million dollars done, we are off to a good start.”
it's an effort, lets givem credit for trying, I am sure it aint easy. A big q going forward is can they keep their expenses down while generating revenue, lets see, it should buy some time.
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