Kinbasha Gaming International, Inc. announced it has made the final payment as per its debt settlement agreement with ISO Debt Recovery K.K. in connection with debt owed to Tokyo Star Bank K.K., eliminating approximately $6 million in principal, interest and penalties. As per the agreement, payments from Kinbasha totaled approximately $737,000 through February 28, 2013, resulting in a net gain on settlement of approximately $5.2 million.
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- Kinbasha Gaming International, Inc. Finalizes $6 Million Debt Settlement Agreement