Replies to post #6949 on American International Holdings Corp (AMIH)

[Zorch305]

isnt there an 8k coming? boy checked in here....i see they even havent filed there filing or updated share count

[BeachBum]

Did they just vote to allow a reverse split if needing after a raising of the A/S and name change? If they aren’t going to dilute this to death, why vote for a reverse split? Maybe this one will be different.

[DUS 68]

Trips soon...then r/s and repeat...nothing to see here.

[Clean]

Well, I do not know. This is why I await a filing on the debt arrangement. From what I can see, AMIH already held a considerable amount of debt. Mike did NOT bring with him near as much debt as what exists on the AMIH filings. This is where clarity is lacking for me.

Dilution into the trips will not bring much debt relief. It only loads the lenders with hundreds of millions of shares that usually become rather illiquid. Believe it or not, but lenders do not want this to happen. Reverse splits hurt them too.

I am new here (to AMIH) but it appears Cohen bloated this thing up and was to scared to raise the AS himself and satisfy his obligations. It's up to Mike to save this ticker. I assume he has a plan.