That's a good question. It was not specified in the release. Newlook issuing payment of $750,000 on Wireless Age's behalf in settlement of $8.3 Million in debt was specified.
Wireless Age will also receive certain assets, including cash & equity from Newlook Industries, settling a long outstanding loan by the company. In the process, Newlook's interest in WLSA equity will be reduced or otherwise "cancelled".
After one individual has repeatedly harrassed online forums inquiring when Wireless Age would be repaid for their loan to Newlook, hopefully now, that very same individual will rest their case.
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