American Leisure Holdings Inc (AMLH)

[shotsky]

Uh, yeah, share reduction. With over 2B shares in the OS, exactly how would that happen? The only two methods of share reduction are RS and buyback. Buybacks take CASH, which a 'quote startup' does not have. So, the only other choice is a RS, which is claimed not to happen any time soon. So, talk about the SS is just that - talk.

There is a much bigger problem with the SS, and that is the remaining debt. Any reduction of OS could immediately be gobbled up by convertible debt. Why would ANYONE do that??? Answer, they would not.

So, the reason there will be no RS is not for 'us' it is because they intend to pay off the remaining debt with cash so no more conversions will happen.

But, mark my words - A RS WILL HAPPEN when it's time to adjust the OS. You can't reduce the AS until the OS is smaller, and you can't buy back the shares, SO, you pay the debt to prevent dilution, then do the RS to reduce the OS, then reduce the AS to something more reasonable than 2.5B shares.

The good news is that is all good for shareholders. An RS is not bad news if its done for the shareholders, and not for the officers. In this case, it would be to reduce the OS to reduce the AS, which would result in fewer shares trading for more dollars overall.