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Quotes & Info
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| QTWW > SEC Filings for QTWW > Form 8-K on 13-May-2009 | All Recent SEC Filings |
13-May-2009
Entry into a Material Definitive Agreement
On May 7, 2009, Registrant's lender, WB QT, LLC ("Lender"), agreed to (i) defer the date by which Registrant must provide Lender with written notice as to whether it is electing to make a $3.9 million payment due on May 15, 2009 under Term Note A in shares of its common stock until May 14, 2009, and (ii) defer the scheduled payment date until May 22, 2009. Pursuant to the terms of the Credit Agreement dated January 31, 2007 between Registrant and Lender, as amended, such written notice was originally required to be delivered on May 7, 2009, and the payment due date was May 15, 2009.
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