AMGLAlyansa Ng Magbubukid Sa Gitnang Luson (Peasant Alliance in Central Luzon)
AMGLAnimal Molecular Genetics Laboratory (various locations)
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2 million price paid by AMGL includes the issuance of $1,775,000 in AMSI Preferred Stock, yielding an annual cash dividend of 6%, plus the forgiveness of $2,262,500 in debt owed to AMSI by LAHA.
Dan Moudy, President and CEO of Lahaina commented: "AMSI is in the hands of a very capable leadership team, including Betty Sullivan, Chairman of AMGL and CEO of AMSI, and Forrest Young, President of AMSI.