Posted On: 07/26/2016 10:19:01 AM
Post# of 89114
$CRWG MASSIVE DEBT REDUCTION AFTER SUBSIDIARY SALE:
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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