Appreciated Media (TSX.V: AMH) (OTCQB: AMEFF) has announced that the director of the company, Stephen Brown, has resigned. Brown joined Appreciated Media in March 2020. In association with Brown’s resignation, Appreciated Media will return assets acquired by the company in May 2020 to Brown’s holding company. In addition, Brown has agreed to the following: he will surrender for cancellation 425,000 common shares in the capital of the AMEFF along with 200,000 stock options, forgive and release approximately $1 million owed by Appreciated Media to Brown, and assist and guarantee the repayment of $150,000 owing to Amcomri GP BVI Limited by AMEFF. In addition to the announcement of Brown’s resignation, Appreciated Media noted its appreciation for Brown’s assistance and wished him well in future endeavors.
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About Appreciated Media Holdings Inc.
Appreciated Media is a multifaceted entertainment company based in Vancouver. The Appreciated Media team is extremely well versed in a variety of entertainment delivery platforms and is fast becoming a top-tier entertainment company.
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