Masoneilan International, Inc.
| Company Deal | Masoneilan International Inc.: 330,000 shares of common stock ($1 par value) |
|---|---|
| Transaction Type | Common Stock |
| Deal Description | Masoneilan International, Inc., used a portion of the proceeds to prepay in part the promissory note held by Worthington. Another portion of the proceeds was used to pay certain other indebtedness and accounts payable to Worthington. The balance of the proceeds was added to the company's working capital and was used for general corporate purposes. |