Zila Reports Fiscal 2009 Third Quarter Financial Results
The Company has stated that in order to continue as an on-going business and avoid bankruptcy, it will require additional funds to restructure or retire its Senior Secured Convertible Notes due in July 2010, and to grow its business. Efforts to seek additional funding have included discussions with several potential financial and strategic investors, as well as with the holders of the Senior Secured Convertible Notes. [more...]
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