American Leisure Holdings Inc (AMLH)

[samsamsamiam]

A lot of misinformation there. Ask the lawyer to put it in writing.

- apparently the reason the O/S did not change was because Bishop and Reyes offered up some of their shares to the new debt holders. If you noticed in one of the postings from the T/A the float did change by the amount the restricted shares decreased. Mariel mentioned in one of the streaming chats they did that because they were not current. But if you notice the amount of their preferred shares did go up.
They don't have enough shares to keep doing that obviously but as soon as they are current that shouldn't be a problem. It wasn't because "they cared" - it was because they had no choice in all likelihood.

- what long term debt are you referring too? The already aged debt can be sold at anytime. Rockwell Capital sold some of that debt as soon as the court let them exchange it for free trading shares. They sold a little less than half of it for over a billion shares.
But for some reason the balance of the Rockwell bought up debt has landed in the hands of another funder at a pretty steep discount. The details of their actual deal would be helpful. Rockwell was converting according to what the pps was. Are these new guys planning to convert all that debt for .00005???

- they are now on their 3rd attorney writing an opinion letter in hopes of getting current.
Obviously two of the three opinion letters were NOT "spot on".



- it is anything but a debt free company. They are still borrowing money.
Did the attorney actually look st that last quarterly???? Is he familiar with securities laws?

-"nothing to worry about"? I beg to differ.