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Wednesday, August 03, 2022 3:02:03 PM
" to give up the enjoyment or advantage of : do without"
If the Interest was being put off to a later date they would have used the word 'Deferred' and it would have to show up in the Financials just as 'Deffered Revenue' has to be identified.
"Extending the foregoing" is talking about extending it for another year. Lenders IBEX and St Johns forfeited intrest in 2020 and 2021 and will do it again for 2022.
If you are losing sleep over it call IR for confirmation.
https://www.bielcorp.com/bioelectronics-corporation-announces-major-lenders-forgoing-interest-for-a-3rd-consecutive-year-new-research-projects-underway/
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