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Admiralty Holding Company: Admiralty Holding Company Files 8-K Report Announcing Settlement Agreement, New Funding and Change of Control
ATLANTA, GA (MARKET WIRE) Admiralty Holding Company (PINKSHEETS: ADMH) (Admiralty), a holding company for Admiralty Corporation and Admiralty Marine Operations, Ltd., a Bahamas, West Indies company, recently filed an 8-K announcing a settlement agreement with its former officers and directors, a new funding from the NIR Group of Funds, Admiralty's major secured creditor, and the issuance of preferred stock to Herbert C.