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Insight Management Corporation Begins Debt Restructuring Activity
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NEW YORK, NY -- (Marketwire) -- 05/03/12 -- Insight Management Corporation (PINKSHEETS: ISIM) has begun restructuring its debt. The Company after negotiations with several creditors has negotiated both cancellation and forgiveness of approximately Three Million Eight Hundred Eighty Five Thousand ($3,885,000.00) Dollars in promissory notes and convertible promissory…