Lifestream Technologies misses another payment on $2.87 million note

By Sheri Kasprzak

New York, Jan. 9 - Lifestream Technologies, Inc. has missed another $100,000 principal payment on a $2,869,740 note held by RAB Special Situations (Master) Fund Ltd.

RAB, a fund managed by RAB Special Situations LP, agreed once again to waive default resulting from the missed principal payment and has agreed to defer the payment to Feb. 1, the maturity date of the note.

The payment had been due on Jan. 1.

Lifestream has received payment deferrals from RAB on $100,000 principal payments from May 2005, June 2005, July, August, September, October, November and December.

Based in Post Falls, Idaho, Lifestream manufactures cholesterol-testing devices.

On Monday, the company's stock slipped $0.0007, or 5.2%, to end at $0.0128.

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