Replies to post #46829 on American Leisure Holdings Inc (AMLH)

[NagStocks]

What I don't get is. Why would anyone get involved in toxic financing?

I am surprised they even allow it. It's so one sided. It almost like the CEO is shorting his own company.

Why would a CEO get toxic debt and then build his company stock just so it can be crushed by dilution?

Is this the classic OTC scam strategy? Feels like it should be illegal.

[Johnny Hammersticks]

Didn't he mention in the release that he was working on a positive solution to the debt?

We've seen the guy deliver so far. He is signing an equity swap which appears will get him revenues quickly. Perhaps he's smart enough to use a portion of those revenues to begin paying down the debt or buying back shares.