PhotoWorks' Shareholders Successfully Ratify $6.5 Million Recapitalization Agreements: "PhotoWorks�, Inc. (OTCBB:FOTO - News), a leading provider of digital and film photography services, announced today that it has successfully secured shareholder approval of its recapitalization agreements. The comprehensive plan negotiated with the holders of the subordinated debt and holders of the preferred shares results in a $2 Million cash infusion of equity strengthening the company's balance sheet. "
Thursday, June 30, 2005
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