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1manband

05/02/16 5:43 PM

#43258 RE: Agentnguyenr #43257

We do know COWI paid no interest on the toxic debt - it is in the financials.

And the current payments under the forbearance agreement are not interest payments - they are past-due payments and penalties. They still do not address current interest, which continues to accrue. And a $50,000 payment was due yesterday after the NEW debt agreement matured on April 30th. It was up to the lender to extend the maturity date at their option. If they didn't.........

And that agreement was required to be filed as an exhibit to a Form 8-K, but was not. Why did COWI intentionally omit the required disclosure?