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CEO, others buying at Quantum Intl Income (:QIC)

Updated Thursday Jun 01, 2017 01:53 AM EDT

Manu Sekhri, CEO and Director, acquired 1,588,235 Common Shares at a price of $0.170 and 1,588,235 Warrants exercisable at $0.215 until May 29, 2020 on an indirect ownership basis for registered holder Ascendant Group Holdings Inc. through a prospectus or prospectus exempt offering on May 29th, 2017. This represents a $270,000 investment into the company's shares and an account share holdings change of greater than 100%.

Under the same terms:

Sheila Ogilvie-Harris, a Director, acquired 294,117 Common Shares and 294,117 Warrants on an indirect ownership basis for registered holder Balla Killey Property Holdings Ltd. This represents a $50,000 investment into the company's shares and an account share holdings change of 58.8%.

Peter James Shippen, a Director, acquired 249,117 Common Shares and 249,117 Warrants on an indirect ownership basis for registered holder Natalie Shippen TSFA. This represents a $42,350 investment into the company's shares and an account share holdings change of greater than 100%.

Ryan Charles Bouskill, a Senior Officer, acquired 117,647 Common Shares and 117,647 Warrants on a direct ownership basis at. This represents a $20,000 investment into the company's shares and an account share holdings change of greater than 100%.

Quantum Intl Income is in the Investment Management & Fund Operators Sub Industry Group under the Financials Sector.

Quantum International Income Corp. intends to seek opportunities to acquire and grow businesses. The Company's segments include Lucky Bucks HoldCo, LLC (LB), Southern Star Gaming, LLC (SSG), Multiple Media Entertainment Inc. (MME) and Other. The Company seeks to acquire operating businesses. The Company's acquisition targets may be private or public companies in a range of industries. The Company's subsidiaries operate in the United States healthcare market, Canadian Media industry and the digital skilled-based gaming operator in Georgia. The Company intends to invest in the coin operated amusement machine space in Georgia.

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