Computer importer and distributor WinTech (ASX:WTG) has staved off supreme court action against the company by paying off its debts to CFO Solution HQ.
The company said it had made the third and final payment of $30,000 on its $85,000 worth of debt - including costs and interest - with CFO Solution.
As a result, supreme court action filed against the company has been withdrawn.
WTG shares are today unchanged at $0.025
Join the CIO Australia group on LinkedIn. The group is open to CIOs, IT Directors, COOs, CTOs and senior IT managers.