Integrity Music becomes a private company again.
THE WORLD'S biggest worship music company, Integrity Media Inc. has
now officially made the transition from a public to a private company.
Michael Coleman, Integrity's co-founder, principle stockholder and CEO
set up Kona Acquisition Corp. to buy back the mobile Alabama-based
record company and book publisher. Said Coleman, "the requirements of
being a public company, especially for a small company like Integrity,
were becoming increasingly expensive and time-consuming."