Replies to post #45655 on American Leisure Holdings Inc (AMLH)

[samsamsamiam]

They best hurry. At some point the new toxic debt holders will want to collect now that they are current.

Have to wonder why Rockwell would have transferred all those free trading shares they received through that court settlement.

TOTALS
Balance of Debt Remaining as of 12/31/16: $325,000 - $148,500 = $176,500
1,324,500,000 shares cancelled. Debt Draw down as of 12/31/16: $148,500
On March 3, 2017, Highgarden Capital Growth, Inc. and CDN Associates, LLC (“Buyers”) purchased the balance of debt remaining. In a Notice of Conversion, the Buyers elected to convert the principal amount of the Note into shares of the Company’s common stock based on a draw-down of the debt as follows:
Date
5/8/17 5/8/17
TOTALS
Shares Issued
148,000,000 148,000,000
Price Per Share
0.00005 0.00005
Amount of Debt
$7,400 $7,400
Debt Owner
Highgarden Capital Growth, Inc. CDN Associates, LLC
296,000,000 shares cancelled. Debt Draw down as of 5/30/17: $14,800 Balance of Debt Remaining as of 5/30/17: $176,500 - $14,800= $161,700