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Short: Cybernetic completed finance program, paid debts

Cybernetic Services, provider of real-time news, sports, and entertainment information services, announced the completion of multiple financing programs valued at $1.5 million. This program eliminated long-term debt as well as $37.4 million in retained earnings deficits. Global Emerging Markets Group, a U.K.-based investment banking and fund management service, provided $1 million.

CNET News staff
Cybernetic Services, provider of real-time news, sports, and entertainment information services, announced the completion of multiple financing programs valued at $1.5 million. This program eliminated long-term debt as well as $37.4 million in retained earnings deficits. Global Emerging Markets Group, a U.K.-based investment banking and fund management service, provided $1 million.