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Quotes & Info
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| QTWW > SEC Filings for QTWW > Form 8-K on 20-May-2009 | All Recent SEC Filings |
20-May-2009
Entry into a Material Definitive Agreement
On May 14, 2009, Registrant's lender, WB QT, LLC ("Lender"), agreed to (i) further 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 originally due on May 15, 2009 under Term Note A in shares of its common stock until May 20, 2009, and (ii) defer the scheduled payment date until May 29, 2009.
As disclosed in a Current Report on Form 8-K filed by the Registrant on May 13,
2009,the Lender had previously agreed to (i) defer the date by which Registrant
must provide Lender with written notice as to whether it was electing to make
such $3.9 million payment in shares of its common stock until May 14, 2009, and
(ii) defer the scheduled payment date until May 22, 2009.
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