Posted On: 07/19/2016 3:18:31 PM
Post# of 47153
$CRWG HUGE SALE OF SUBSIDIARY AND $2.3MIL DEBT REDUCTION:
As previously announced, total consideration offered for the purchase of Plaor by Native Games America, LLC was $3,500,000 in aggregate including cash, debt and liability assumption as well as deferred payments. With the sale of Plaor, the company has initially reduced its debt by approximately $2,300,000 or 43% of total liabilities.
As previously announced, total consideration offered for the purchase of Plaor by Native Games America, LLC was $3,500,000 in aggregate including cash, debt and liability assumption as well as deferred payments. With the sale of Plaor, the company has initially reduced its debt by approximately $2,300,000 or 43% of total liabilities.
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