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Biotech / Medical : Misonix Inc. (MSON) -- Ignore unavailable to you. Want to Upgrade?


To: Candle stick who wrote (855)12/22/1998 4:55:00 PM
From: Beltropolis Boy  Read Replies (1) | Respond to of 947
 
guess they got an early xmas present ... and what's a few days?

(i.e., new year bookkeeping.)

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Tuesday December 22, 11:34 am Eastern Time
Company Press Release

Misonix Announces Grant of Extension to Medial Device Alliance, Inc.

FARMINGDALE, N.Y.--(BUSINESS WIRE)--Dec. 22, 1998--Misonix, Inc. ["Misonix"] (Nasdaq: MSON - news) today announced that it had entered into a Forbearance Agreement with the licensees of its sculpting technology, Medical Device Alliance, Inc. and LySonix, Inc., extending the cure period alloted them through January 4, 1999. The terms of the Forbearance Agreement were not described. Misonix had previously announced that it had, on October 22, 1998, declared the licensees in default, and stated that the license would terminate sixty (60) days thereafter if not cured.

biz.yahoo.com