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AmerAlia, Inc. Gains $10 Million on Settlement of Debt.

Publication: PR Newswire
Publication Date: 25-SEP-08
Format: Online
Delivery: Immediate Online Access

Article Excerpt
LONE TREE, Colo., Sept. 25 /PRNewswire-FirstCall/ -- AmerAlia, Inc. (Pink Sheets: AALA) yesterday stated in its 10Q filing with the SEC for the quarter ended September 30, 2007 that it had recorded a gain of $9,938,0222 as a result of the repayment of a bank loan under guarantee agreement with one of its shareholders.

In August 2007 private equity funds managed by Sentient Asset Management acquired AmerAlia shares and...

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