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Microcap & Penny Stocks : EXTI - only public co. developing liver device

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To: Shawn Donahue who wrote (178)2/16/1998 10:48:00 PM
From: CENTrader  Read Replies (1) of 1063
 
Shawn,

Regarding the settled lawsuit, you'd have to say that Newmin pulled off a pretty sweet deal, wouldn't you?

<<During the nine months ended August 31, 1997 the Company entered into an agreement with Union Bank to settle a previous existing note payable and judgment with a balance due of $333,000. As of August 31, 1997 a payment of $50,000 was made for full settlement in connection with the note payable and judgment, the Company recorded a gain on extinguishment of debt of $283,000 during this period.>>

Bill
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