American Leisure Holdings Inc (AMLH)

[samsamsamiam]

Nothing but FACT CHECK FAILURE

My responses in RED
Nothing but FACTS here for Everyone:Bullet points below.

1. On April 1st, 2017 AMLH merged with GGMN from a shell company to become public without filing an IPO. Mr. Christian Bishop is the CEO of AMLH/GGMN
https://twitter.com/search?q=%24AMLH&src=ctag

actually they merged on March 29th, 2017
On March 29, 2017, the Company merged with GG Media Network, Inc., a Delaware corporation, with a wholly owned subsidiary, GG Studios, LLC, a California limited liability corporation. As part of the Affiliate Stock Purchase Agreement and American Leisure Holdings, Inc. Board Resolution, James McFadden resigned as all positions with the Company and installed new management. In this transaction, there was a change of controlling ownership, in which Christian Bishop, Mariel Arlene Reyes and David Leonard Mullins Jr. acquired four million (4,000,000) shares of Preferred Stock and six hundred, five million (605,000,000) restricted shares of Common Stock from James McFadden.
Link: page 6 www.otcmarkets.com/ajax/showFinancialReportById.pdf?id=173589

But April Fools Day works too.




2. GGMN hired A CFO, COO, CTO PR firm and Lawyer to expand the company and build their product line from scratch!!

Not quite from scratch if you are dealing with toxic notes from previous shell owner. and at least one of those toxic note holders have had dealings with DiPrima before. (CDN/Dietrich)

3. AMLH became compliant with their filings to remove the STOP in May 2017. See link for all filings and attorney letters. Yield will be removed in 30 days after the last filing of June 2nd, 2017.
http://www.otcmarkets.com/stock/AMLH/filings

They attempted to remove the STOP sign numerous times. as evidenced by the inactive filings on the OTC site.
May 14, 2017Annual Report - Annual Report Revised As of December 31, 2016Dec 31, 2016Inactive
May 12, 2017Attorney Letter with Respect to Current Information - Attorney Letter with Respect to Current Information Rev Annual ReportDec 31, 2016Inactive
May 12, 2017Attorney Letter with Respect to Current Information - Attorney Letter with Respect to Annual Report Revised for 2016Dec 31, 2016Inactive
May 12, 2017Annual Report - ANNUAL REPORT REVISED FOR 2016Dec 31, 2016Inactive
Apr 26, 2017Attorney Letter with Respect to Current InformationDec 31, 2016Inactive
Apr 26, 2017Annual Report - AMLH Annual ReportDec 31, 2016

They gave enough info to be moved up to YIELD.
If you check the OTC Tier changes 30 days is not a rule. Some get off stop to current with filings in a couple days after filing. (i.e. today TVMD also an alternative reporting stock filed catch up filings on June 15th and on June 19th they were moved from NO INFORMATION to CURRENT status.)



2. AMLH partnered with HRS to film their 4Cast shows. One 1 hour show per week will be filmed per contract.

No points taken off for numbering system ;)
Where is the contract that states there will be a one hour show per week?
Where is ANY contract.

3. Mr. Bishop announced that they will produce an "All Female Content shows" Coming soon

Is that what he said? wasn't it on that podcast radio show which he thought was Computer World but in fact it was some obscure Computer America show? Lost a few investors on that hype.
Although Computer America had the most views ever for that interview - 255! Usually single or barely double digit views.
https://www.youtube.com/user/ComputerAmericaLive1/videos

4. Mr. Bishop reduced the debt from $1.2 million to $430,000 within 2 months of inexistence. That is amazing. The CEO stated that he has used his own money to build AMLH/GGMN.


That is out right false and I provided the proof in this post:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=132311497

5. The CEO and Mariel Expired/Transferred and Cancelled 148 Million shares each for a total of 296 million shares to reduce the debt of $14,600 to pay off the short term debt. NO MORE SHORT TERM DEBT. Read it on Page 19. Located here:
http://www.otcmarkets.com/financialReportViewer?symbol=AMLH&id=173589
All LONG TERM debt is now reduced and started another 6-12 month cycle to pay off. Its in the filing. Here: http://www.otcmarkets.com/financialReportViewer?symbol=AMLH&id=173589


Wrong again - as pointed out the previously. The long term debt is due NOW. as it is aged debt that is over a year old. And obviously the Keystone debt picked up from the balance of Rockwell court settlement was already being converted on May 8th when they had just picked it up in March - two weeks before they kicked off this charade.
Same link - all one needs to do is read it carefully. Which apparently your lawyer didn't.


6. TA confirmed every week that the O/S, Float and A/S structure has not changed since March31st, and again May 31st, 2017. Where the Float increased but the Preferred shares were reduced. They cancelled out. You can see this here: Page 3 and 4
http://www.otcmarkets.com/financialReportViewer?symbol=AMLH&id=173589

The same number of shares disposed by Mariel and Bishop were converted by Highgarden and CDN on the same exact date.The float went up accordingly - taken from restricted control shares issued to Mariel and Bishop on March 27th. some creative financing indeed. Since they are not current the O/S would not be climbing as conversions of restricted shares cannot happen unless they are current. And Mariel herself said that on twitch. they are not current until it shows they are current. if they are under review other issues might crop up and more revisions made.


7. AMLH partnered with a clothing line called: ArchonClothing See info here:
https://twitter.com/GGMediaNetwork

As with all startup companies they must have their company SWAG! Ask for some free stuff given the level of investment you have made!

8. Sharing details on a casting call for "The Ultimate Syfy and Comic-Con fan"! Located under GGMN content.

And how is that connected to this company? and how will it result in any revenue? Did they advertise for free?



9. GGMN designed a new website! Located here:
http://www.ggstudios.com/#homePage

great website


10. GGMN hired a PR firm and IR firm to distribute news to the shareholders and investors. Now you can email the IR department and get a response within 12 hours.

Most publicly traded companies would do that.


11. NO executive can sell their shares before the 12 month lock up period has been pasted starting from Aril 1st, 2017. This is an SEC rule!!

Doesn't seem to be the case though. Both Mariel and Bishop disposed of half their control shares from McFadden after 2 months. And now what happens to Mariel's shares since she abruptly left? Doubt hers would be locked up for 12 months. (non-reporting SEC companies have 12 months - reporting companies 6 months.)


12. AMLH/GGMN hired a new lawyer to complete the OTC process.

They have had 3 different lawyers since they merged trying to get it right.
and 5 different opinion letters.
Thomas Cook
http://www.otcmarkets.com/ajax/showFinancialReportById.pdf?id=170375
Fred Bauman (3 letters from him)
http://www.otcmarkets.com/financialReportViewer?symbol=AMLH&id=171854
http://www.otcmarkets.com/financialReportViewer?symbol=AMLH&id=171865
http://www.otcmarkets.com/financialReportViewer?symbol=AMLH&id=171884

and finally MATHEAU J. W. STOUT, ESQ
http://www.otcmarkets.com/financialReportViewer?symbol=AMLH&id=173606




13. On May 31, 2107 Mariel Arlene Reyes resigned her position as COO and a director of the Company. The Board of Directors accepted her resignation.

Well sometime in the future I guess. but I know that was in the filing.
Although don't think we will be having problems with her - Robert Weber - CEO of two other DiPrima companies just gave her a big fat diamond ring. Congrats to Marzzy!



14. All old shared from McFadden were surrendered to AMLH on March 31st, 2017.

it was a merger - so yes that happened.
Although I am not sure all the preferred was transferred. did DiPrima end up with some for his services?

15. AMLH was at the E3 eSports show located in Los Angeles, CA to set up meetings and 4Cast special screenings for investors, Advertisers, etc.

So they said. no confirmation of any screening from anyone. but I am sure they did a bit of networking while they were there.
and photos:
https://www.instagram.com/p/BVXQxtlAG4A/?taken-by=christianbishop




16. Here is Mr. Bishops page so feel free to Tweet or PM him.
https://twitter.com/mrcbishop

thank you.

17. In April 2017, Bishop asked everyone to vote on twitter for a Ticker company name change for AMLH. Approved by shareholders was GAME. I personally asked Bishop when this will take an affect. He said they are working on it. Dated: June 9, 2017.

It is not the shareholders decision to pick a stock symbol. FINRA will take suggestions but not guarantee any one symbol. Plus the symbol GAME is already taken by an esports company out of Canada - so doubt they will get it.
http://www.marketwatch.com/investing/stock/game?countrycode=CA
https://investorshub.advfn.com/Shanda-Games-GAME-16120/

Why hasn't Christian changed the name in Nevada yet? Has he filed anything yet?
Filed with the name and symbol change? Or is he waiting to deal with the debt before being totally committed to this stock?






18. They hold weekly/bi-weekly Twitch events for everyone to chat and play games with Bishop and David. These events are very fun.

well fun for less than a dozen people usually. the number of views is not impressive and not sure how it helps the stock pps if everyone watching and playing games is already maxed out averaging down.
But I guess it is fun to watch the INFAMOUS VAPING COO Mullins (Bishop's label not mine!)
Plus for some odd reason they keep deleting their twitch streams. now just show 3. Madden's are all gone now too - not that he could play that well anyhow.
https://www.twitch.tv/gg_media_network/videos/all





So in a nutshell this is my own DD, Facts and nothing but the facts. More to come. If I missed anything please forgive me as this took 45 minutes to research and type.

I think this should cover the corrections of those "facts". plus it is always better to research BEFORE you buy a pennystock.


I know Bishop and his team is working very hard to bring AMLH a household name and getting the show sold ASAP.

Most likely but other things will be a priority - like the debt situation and name and symbol change. they can have a great business but a toxic shell will crush their dreams.