American Leisure Holdings Inc (AMLH)

[THall]

This pretty much proves Bishop is planning on dumping the AMLH shell. This is a Closed Corp in Delaware. All holders of AMLH will be screwed since this register can only have 30 total shareholders.

Better get out before they actually transfer to Delaware. DD now or lose everything.

C - Closed Corp - (a) A close corporation is a corporation organized under subchapter 342 whose certificate of incorporation contains the provisions required by Section 102 of this title and, in addition, provides that:

(1) All of the corporation's issued stock of all classes, exclusive of treasury shares, shall be represented by certificates and shall be held of record by not more than a specified number of persons, not exceeding 30; and

(2) All of the issued stock of all classes shall be subject to 1 or more of the restrictions on transfer permitted by Section 202 of this title; and

(3) The corporation shall make no offering of any of its stock of any class which would constitute a "public offering" within the meaning of the United States Securities Act of 1933 ?15 U.S.C. Section 77a et seq.| as it may be amended from time to time.

(b) The certificate of incorporation of a close corporation may set forth the qualifications of stockholders, either by specifying classes of persons who shall be entitled to be holders of record of stock of any class, or by specifying classes of persons who shall not be entitled to be holders of stock of any class or both.

(c) For purposes of determining the number of holders of record of the stock of a close corporation, stock which is held in joint or common tenancy or by the entireties shall be treated as held by 1 stockholder.

Werbe Member Level Thursday, 08/24/17 01:59:28 AM
Re: samsamsamiam post# 61388
Post # of 61403

Hi Sam. GG media network has filed in Delaware, as per link.

https://icis.corp.delaware.gov/Ecorp/EntitySearch/NameSearch.aspx

Seems like I cant post the link or I'm 2 tired. Just type in GG media network.