Ceo answered more questions live on Facebook today
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Posted On: 04/09/2017 6:04:21 PM
Ceo answered more questions live on Facebook today!
CEO Q/A 4/9/17
Thanks to "deafcone" for the transcript:
1)No reverse stock split
“We’ve been listening to comments from shareholders and I would like to address one topic in particular and that is the topic of a reverse split. There is no need nor do we have any plans for a reverse stock split."
2) Questions surrounding a filing of an 8-K
"Shareholders have asked about an 8-K being filed regarding GG Media Network taking over AMLH. AMLH (or American Leisure) is an alternative reporting company and it is neither required to nor even allowed to file a form 8-K and as such American Leisure aka GG Media Network will not, nor can it file an 8-K with regards to the merger."
3) OTC Markets company information
"I would like to address a common question asked by a number of shareholders regarding OTC Markets. Some have asked why the company information, such as company description, contact information and management is still showing information about the old company and management. The answer to that question is that we've applied to get and provided back up documentation to get approved by OTC Markets to take over AMLH's OTC Markets account. As soon as we get approved by OTC Markets to update the information, we will be updating it to reflect GG Media taking over the company.
4) Name Change
"Some have asked when we will change the name from American Leisure Holdings to GG Media Network. That's a corporate action that is not mission critical to our business at this early juncture and we will be addressing when time is warranted.
5) Share Structure
"We've had a few shareholders asking about share structure and whether we would ever consider reducing the shares outstanding. This is something our team is reviewing and we plan to review in the near future."
CEO Q/A 4/9/17
Thanks to "deafcone" for the transcript:
1)No reverse stock split
“We’ve been listening to comments from shareholders and I would like to address one topic in particular and that is the topic of a reverse split. There is no need nor do we have any plans for a reverse stock split."
2) Questions surrounding a filing of an 8-K
"Shareholders have asked about an 8-K being filed regarding GG Media Network taking over AMLH. AMLH (or American Leisure) is an alternative reporting company and it is neither required to nor even allowed to file a form 8-K and as such American Leisure aka GG Media Network will not, nor can it file an 8-K with regards to the merger."
3) OTC Markets company information
"I would like to address a common question asked by a number of shareholders regarding OTC Markets. Some have asked why the company information, such as company description, contact information and management is still showing information about the old company and management. The answer to that question is that we've applied to get and provided back up documentation to get approved by OTC Markets to take over AMLH's OTC Markets account. As soon as we get approved by OTC Markets to update the information, we will be updating it to reflect GG Media taking over the company.
4) Name Change
"Some have asked when we will change the name from American Leisure Holdings to GG Media Network. That's a corporate action that is not mission critical to our business at this early juncture and we will be addressing when time is warranted.
5) Share Structure
"We've had a few shareholders asking about share structure and whether we would ever consider reducing the shares outstanding. This is something our team is reviewing and we plan to review in the near future."
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