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Applied Inventions Management Announces Entering Into Letter of Intent to Acquire World Defense Holdings and Non-Brokered Private Placement

May 13, 2016 - Marketwired
Board and Executive Moves-Mergers and Acquisitions

Applied Inventions Management Corp. ("AIM" or the "Company") is pleased to announce that pursuant to a letter of intent dated as of May 12, 2016 (the "LOI") among the Company, Mr. Stavros Daskos and World Defense Holdings WDH Ltd. ("WDH") AIM is proposing to acquire all of the issued and outstanding shares of WDH ("WDH Shares"), a Montreal, Quebec based company specializing in providing program based defense services in South America, the Middle East and to certain U.S. allied countries to comba...