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Monday, July 11, 2022 10:56:43 AM
Press Release | 06/23/2022
MIAMI, FL / ACCESSWIRE / June 23, 2022 / American Leisure Holdings, a Portfolio Holding company,
is pleased to provide a company update as to the recent ongoing progress of the company.
Earlier this week the company entered into a Letter of Intent (LOI) to acquire
a majority Interest in a fully developed and functioning Decentralized Exchange (DEX),
complete with a full back office support team. Currently as a mutual NDA is in place,
the name of the exchange will not be disclosed until after closing.
Mutual terms have already been discussed and agreed upon.
Both companies are ready to move forward and expect a smooth quick closing,
as management of both companies have a long standing relationship.
Once closed AMLH will look to apply to FINRA for a name and symbol change,
to better reflect the nature of our business as a Decentralized Finance
and Technology company, focused on Blockchain, NFT's, Crypto Currency
and Web3 innovations.
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