Business NewsMarketWire • Michael Stein Announces Conversion of Debt with Applied Inventions Management Corp.

Michael Stein Announces Conversion of Debt with Applied Inventions Management Corp.

Michael Stein Announces Conversion of Debt with Applied Inventions Management Corp.

TORONTO, ONTARIO--(Marketwired - May 31, 2017) - Michael Stein, a director and President of Applied Inventions Management Corp. ("AIM" or the "Corporation") announced that effective May 30, 2017 a company controlled by Mr. Stein, WFE Investments Corp. ("WFE"), converted a secured multiple voting debenture in the amount of $302,000 (the "Multiple Voting Debenture"), and as a result Mr. Stein acquired control over 6,700,260 Class B multiple voting shares (the "Multiple Voting Shares") and 6,700,260 Class A warrants (the "Warrants").

View More : http://www.marketwired.com/mw/release.do?id=2219540&sourceType=3
Releted News by marketwire
Michael Stein Announces Conversion of Debt with Applied Inventions Management Corp.
Manu K. Sekhri Discloses Holdings in Quantum International Income Corp.
Brookfield High Yield Strategic Income Fund to be Wound Up