| Strategic Investors to Convert $10 Million of Debt to Equity; New Investor Commits to $2 Million Equity Investment; Further Enhances Mandalay Digital Group's Capital Structure LOS ANGELES, March 2, 2012 /PRNewswire/ -- Mandalay Digital Group, Inc. (OTC BB: MNDLE) today announced that holders of the Company's $10 million convertible debt, as previously announced on January 4, 2012, have agreed to convert 100% of their convertible debt holdings to shares of the Company's Common Stock at $0.70 ...continued MNDLE |
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