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08:09 EDTNMRX
theflyonthewall.com: Numerex continues debt reduction
Numerex has reduced its outstanding debt by an additional $2M. The company utilized cash to repay $1M on the secured non-convertible term note and converted $1M of outstanding debt into equity under the secured convertible term note. The Company will issue an aggregate of 215,054 shares of our Class A Common Stock in connection with this conversion on October 20. The Company's total debt level now stands at $2M after this reduction. :theflyonthewall.com



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February 9, 2010
09:58 EDTNMRX
theflyonthewall.com: Numerex signs long term agreement with Rogers Communications

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