Replies to post #61920 on American Leisure Holdings Inc (AMLH)

[jeff1083]

Great post

[preferred1500]

nice post werbe

[THall]

Your entire post is false.

1) The private corporation Bishop setup allows for 30 insiders. Bishop can issue each family member and friend a percentage of his private company.

2) The debt is not small. Given the share structure and the amount of debt. $250k is anything but small for a company with 0 revenue. Bishop would have to be a complete idiot to just hand over $250k of another companies debt to creditors for no reason at all. Again DD is all one needs to do here to see whats really taking place.

3) As for taking GG Media Network back private that is a practice that happens quite often in OTC. Look up GVSI they recently did this exact thing.

4) And no I still think GG Media Network is a joke. Its got to be the dumbest concept I have ever heard of. I dont think Bishop will ever be successful at this. But if he has any brains at all he wont put all the effort into getting private funding and contracts to only pay off a dirty shells debt. Thats just dumb.

Thall, like Bishop explained earlier.. He reverse merged GGMN into AMLH so his family and friends could benefit from his company. He cannot give revenues outright 2 them from GGMN. With a publicly traded company, only way he could make money from AMLH if he has diluted. Not once here. Just conversions from prior debt. Which happened once in 5 months.

BTW The debt here is small. Ive seen plenty of debt deals reworked that drastically changed or even eliminated debt.

As for the idea he could somehow take GGMN back private, that is silly.. They are one now. Premise here is a reverse merger of GGMN into AMLH as 1. You cannot put our PR's and then decide you changed your mind after investors bought in.

Honest question now.. So you are now acknowledging GGMN as a legitimate company? No reason 2 take a scam private, so you must really believe in GGMN?