UDW - US Dataworks, Inc. Turnaround Play Under $1.00 Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : UDW - US Dataworks, Inc. Turnaround Play Under $1.00

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: Thomas Kirwin	7/8/2007 3:17:38 AM
	of 90

US Dataworks, Inc. Announces Repurchase of Convertible Promissory Note HOUSTON, March 27, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- US Dataworks, Inc. (Amex: UDW), a leading developer of payment processing solutions, announced today it has repurchased a convertible promissory note issued to Crescent Fund in June 2005. The debenture was being repaid in monthly installments in shares of the Company's common stock. Charles E. Ramey, Chairman and CEO of US Dataworks said, "We are pleased with this transaction, which we believe has caused an overhang in our stock over the last few weeks. We feel this move will benefit shareholders in the long-term, especially as we are broadening several of our customer relationships, including the one with Hyundai Syscomm."

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next