I saw yesterday's PR about the note extension. Good to see. Can you tell me if there were any other stipulations, or changes in the original terms, in order to gain this extension? I am assuming the lender did not do this free of charge. Please tell me if the lender was awarded any additional shares, rights to future shares in any form (warrants or options), or were there fees or other compensation? I don't need amounts necessarily. I am simply looking to guage the additional "expense" the company incurred. Thanks in advance.
Regards,
Todd XXXXXXXXXX
Response:
Thank you for your e-mail, Todd. There was no consideration given and no other changes made to the note other than the extension.
Best regards,
Robert Putnam Senior Vice President
e.Digital Corporation 13114 Evening Creek Dr. S. San Diego, CA 92128 http://www.edig.com
Phone: (858) 679-3168 Fax: (858) 486-3922
Who is this Time Being, and why are we always doing things for it?
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.