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TORONTO, ONTARIO--(Marketwire - March 30, 2012) - Phonetime Inc. (TSX:PHD) announced today that it has retired its 12% Junior Subordinated debt with a face value of $500,171 by making a one-time payment of $250,086 resulting in a one-time pre-tax gain of $250,086 which will be recorded in the first quarter of 2012. |
