ITEM 1.01. Entry into a Material Definitive Agreement
On January 6, 2009, the Company's subsidiary Supplies Distributors, Inc. and
Wachovia Bank entered into an extension of Supplies Distributors' line of credit
to March 2011 and an amendment of certain other provisions. Also, on January 6,
2009, the Company's subsidiary eCOST.com, Inc. and Wachovia Bank entered into an
extension of eCOST's line of credit to May 2011 and an amendment of certain
other provisions.
The foregoing description of the amendments does not purport to be complete
and is qualified in its entirety by reference to the amendments which are filed
herewith and incorporated herein by reference.
ITEM 9.01. Financial Statements and Exhibits.
Exhibit No. Exhibit
10.1. Sixth Amendment to Loan and Security Agreement dated January 6, 2009
between Wachovia Bank and Supplies Distributors, Inc.
10.2. Fifth Amendment to Loan and Security Agreement dated January 6, 2009
between Wachovia Bank and eCOST.com, Inc.
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