American Leisure Holdings, Inc. Shareholder Update


FORT LAUDERDALE, FL, Dec. 17, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – American Leisure Holdings, Inc. (OTC PINK: AMLH), parent of GG Media Network, an esports production and content creation company, has announced, effective November 1, 2018, the appointment of Adrian P. McKenzie to the position of Chief Executive Officer and Chairman of the Board. Former CEO, Christian Bishop, stepped down on November 1, 2018.

Bishop is a co-founder of GG Studios, an esports media company, whose parent organization (GG Media Network) merged with American Leisure Holdings last year.

“This leadership transition is a necessary part of the evolution of the AMLH organization,” Bishops said. “And one that will benefit all shareholders. Working with American Leisure has been a great experience for me, and I’m confident that we are leaving the company we started in good hands.”

Bishop will continue in the esports industry as a business development executive at ESP Gaming, a leading competitive gaming content company headquartered in Las Vegas, NV.

Adrian P. McKenzie has built, run, and invested in many public companies. He recently steered DNA Brands Inc. (DNAX) through a grueling 11-months reverse split process, which many industry watchers believed could not be done. Working closely with FINRA, shareholders, and creditors, he revived DNAX which held a sum of toxic debt financing that had been effectively left for dead. DNAX is now actively in talks with several groups and most recently announced the acquisition of NEO Superwater (High Alkalized).  In addition, DNAX now has well-seasoned management in place. “DNAX is now positioned for success. My next task at hand, is to begin working with the various regulators, states, and OTC Markets to position American Leisure Holdings to become "OTC Current "and to also look to recruit exceptional talent.

“I wish Christian all the best in his new venture,” McKenzie said. "I look forward to working with the shareholders, regulators, the state of Nevada  and the creditors of America Leisure Holding , to guide the company to once again be in a compliant position and hit the ground running for 2019.”

A new company website will be  forthcoming.


DISCLAIMER

This press release contains statements that are "Forward-Looking" in nature (within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1993, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended).  All Statements regarding the Company's financial position, potential, business strategy, plans and objectives for future operations are Forward-Looking statements. Many of these statements contain words such as "goal," "aims," "may," "expect," "believe," "intend," "anticipate," "estimate," "continue," "would," "exceed," "should," "steady," "plan," "potential," "dramatic," and variations of such words and similar expressions identify Forward-Looking statements, but their absence does not mean that a statement is not a Forward-Looking statement.  Because Forward -Looking statements involve future risks and uncertainties, there are many factors that could cause actual results to differ materially from those expressed or implied. The Company cannot predict the actual effect these factors will have on its results and many of the factors and their effects are beyond the Company's control. Any forward-looking statement made by the Company speaks only as of the date on which it is made. The Company is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements, whether as a result of new information, subsequent events or otherwise.  Given these uncertainties, you should not rely too heavily on these forward-looking statements.


            

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