Replies to post #48225 on American Leisure Holdings Inc (AMLH)

[THall]

Really whats the float then? Thats the real number that matters since this is old debt thats already been issued.

Looks like Bishop run a pump and dump today to clear some debt. That must be his idea of taking care of the debt.

Zero dilution from GG Media, confirmed by Transfer Agent.

[samsamsamiam]

Until they are current you wouldn't expect more dilution

The last change was when the float went up by the amount the restricted shares were decreased not changing the O/S.

Considering the Reyes and Bishop shares were suppose to be restricted for a year how did that happen?

They both received preferred shares the same day they disposed of the "restricted" shares but the numbers don't suggest they merely switched them out for preferred. And on top of that a note for $20,000 showed up in the liabilities for GG Studios.
All those restricted shares they "disposed" of were converted at .00005 to take care of only $14,800. Of the leftover Rockwell debt picked up be Highgarden and CDN.
http://www.otcmarkets.com/ajax/showFinancialReportById.pdf?id=173589

Creative financing by James C DiPrima I guess.

It will be interesting to see how they deal with the now resigned Mariel Reyes shares.