
Prophase Labs- On Nov 21, Received Confirmation From Avtech Agreeing To Continue Its Forbearance Under Co's Existing Equipment Lease
Nov 25 (Reuters) - Prophase Labs Inc (PRPH.O) :
* PROPHASE LABS- ON NOV 21, RECEIVED CONFIRMATION FROM AVTECH AGREEING TO CONTINUE ITS FORBEARANCE UNDER CO'S EXISTING EQUIPMENT LEASE
* PROPHASE LABS- UNDER AVTECH'S UPDATED PAYMENT SCHEDULE, CO TO MAKE WEEKLY PAYMENTS BEGINNING NOV 28, UNTIL OUTSTANDING PAST-DUE AMOUNTS ARE CURRENT
* PROPHASE LABS INC - REMAINS IN COMMUNICATION WITH AVTECH REGARDING THESE PAYMENTS Source text: Further company coverage: (PRPH.O)