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Technology Stocks : American Interactive Media, Inc. ( AIME ) (OTC BB )
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To: Hawkmoon who wrote (124)1/22/1999 1:41:00 PM
From: Larry Brew  Read Replies (1) of 211
 
Ron, I may be misinterpreting this press. --- releasing the remaining
secured assets including 500k of AIME. Maybe the converting of the notes releases the 500k of Aime to them. Opinion please. I'd like to think they hold AIME. Aime calls MSU a partner, but not the reverse.
From web sites.
Larry

MSU Announces Balance Sheet Progress; ArrangementReleases Secured Assets

January 5, 1999 11:50 AM
MILTON KEYNES, England--(BUSINESS WIRE)--Jan. 5, 1999--MSU Corporation MUCP , an Internet set-top-box technology company, announced today that a consortium of private investors and businesspeople allied with the company has completed the purchase of the final part of the $2.3 million Convertible Promissory Notes issued in July 1997 to clients of Capitol Bay Securities, the company's former investment banker.

A previous arrangement with the holders of the notes saw the release of the company's intellectual property rights from the security pledged for the notes. The consortium has decided to convert the remaining notes into stock effective immediately, thereby releasing the remaining secured assets of the company, which includes 500,000 shares of American Interactive Media, Inc. AIME .


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