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| DKAM.OB > SEC Filings for DKAM.OB > Form 8-K on 10-Feb-2009 | All Recent SEC Filings |
10-Feb-2009
Entry into a Material Definitive Agreement
The Company has modified the terms of its credit facility with Sovereign Business Capital ("Sovereign"). Pursuant to this modification the credit facility will be due April 3, 2009 rather than June 2, 2009 and in order to reduce our fees on the unutilized credit line, and at Sovereign's request, we changed the amount we can borrow to $300,000, which is approximately $200,000 more than was outstanding on the date of the agreement. The Company is discussing replacement financing with several replacement lenders.
Item 9.01. EXHIBITS
(c) Exhibits
10.46 Form of Forbearance and Modification Agreement
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