Cotton & Western Mining Inc. (CWRN)

[2H2O]

What does "under settlement of DLC proceeds" mean? asking that in all seriousness, I'm not familiar with that acro.

The Company was also able to meet its obligations to PowerScreen of California paying a balance of $975,000.00 for the crushing equipment. We would like to thank PowerScreen for their ability to provide us with over $1,500,000.00 in equipment that was paid off under settlement of DLC proceeds, without their help it would have been very difficult to secure the equipment we had specified for the production. The Company will be receiving more equipment from PowerScreen shortly.