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Short Take: Pinnacle Micro sets creditor meeting

A committee of Pinnacle Micro's trade creditors, representing more than 50 percent of the company's trade debt, has been formed and has agreed to an initial 60-day moratorium on the payment of the Company's outstanding trade debt. The company is looking to restructure its trade debt.

A committee of Pinnacle Micro's trade creditors, representing more than 50 percent of the company's trade debt, has been formed and has agreed to an initial 60-day moratorium on the payment of the Company's outstanding trade debt. The company is looking to restructure its trade debt.