Oct 9 (Reuters) - CRS Electronics Inc LED.V :
* Press release - CRS Electronics defaults on loan agreement covenants
* Says is in default of its loan agreement with divinci private debt fund
* Says loan amount is $1 million at 18%
* Says while coordinating next steps with divinci private debt, CRS Electronics
has laid off all workers
* Says Scott riesebosch resigned from the board of directors but remains as the
company's chief technology officer
* Source text for Eikon urn:newsml:reuters.com:*:nMKW3PJ28a
* Further company coverage LED.V