Appreciated Media Holdings Inc. announced that the board of directors of the corporation has negotiated a forbearance agreement with Amcomri GP BVI Limited until January 5, 2020. As a condition to the receipt of forbearance, the Board has approved a reorganisation of the Corporation’s management and Board, effective immediately. Pursuant to the reorganisation, the Board has appointed Robert Price as the Chief Executive Officer of the Corporation to replace Stephen Brown and appointed Larry Howard as the Corporation’s Interim Chief Financial Officer to replace Mark Groenewald, effective immediately. In addition, Messrs. Price and Howard have each been appointed to the Board. Mr. Price is the former Managing Director of Twentieth Century Fox Home Entertainment – UK/Nordics, and was also the Chairman of the British Association for Screen Entertainment and has also held senior marketing positions at media, gaming and entertainment companies located throughout the United Kingdom. Mr. Howard is a Director of Amcomri Media Group (“AMG”) and serves on its board of directors. Mr. Howard is responsible for all of the company’s worldwide sales and operations, including end-to-end management of AMG’s investments. He led the acquisition of Metrodome, Tartan Palisades and Hollywood Classics as well as the formation of Amcomri Film Partners and 101 International Limited. Further, in connection with the reorganisation, Stephen Brown and Mark Groenewald have ceased to be officers of the Corporation.