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Tuesday, February 21, 2012 12:10:04 PM
The Board of Directors of RTG Ventures (OTCQB:RTGV) has been in negotiations to restructure its remaining short-term debt subject to equity conversion to ensure a six-month hiatus from the debt conversion which has been taking place since mid-September. The new contractual terms will contain that provision. The Company's intent is to pay the debt in full, in cash, on or before the six-months forward due date.
The news really only says that they are TRYING to restructure the debt, not that they HAVE...
Conversions may continue... heck, they could be happening today for all we know!
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