We’ve been hot on the trail of AMER LEISURE HLDG COM USD0.001 (OTCMKTS:AMLH) ever since the 31st of March, when we posted an article in which we referred to the stock as “a high flyer out of nowhere. That is indeed what it was; that day the stock was trading for as little as .0011 a share.
The increases that we’ve observed in the stock since then have been rather astonishing, with AMLH nearly breaking out of the subpenny realm as it traded up as high as .0098 this week. That works out to an big-time increase of 790.9% from the low we witnessed on March 31st.
AMER LEISURE HLDG COM USD0.001 (OTCMKTS:AMLH) also put out some new press this week that we wanted to pass along to our readers after the company has announced that Hollywood Riviera Studios has signed on as an investor. Hollywood Riviera Studios is providing non-dilutive financing to support the company’s upcoming eSports and gaming project.
“Hollywood Riviera Studios understands eSports and provides a dynamic environment, for us to build out some of the important aspects of our new project,” said CEO Christian Bishop. “In this era of digital entertainment it is important for us to be able to work with the right people so we can deliver the high-quality, engaging programming the gaming community deserves. Hollywood Riviera Studios has a fantastic team. We are pleased to have them invest in our project.”
Hollywood Riviera Studios, founded by industry veteran and former news anchor Rolando Nichols, specializes in stage rentals with HD control rooms, eSports productions, live in-studio shows, transmission, and mobile production truck rentals. As a non-dilutive investor Hollywood Riviera Studios is providing access to its state of the art facilities in Torrance, CA and will work with GG Studios, a division of GG Media Network, to promote the project. To learn more about Hollywood Riviera Studios, please visit, HollywoodRivieraStudios.com.
“The GG Media Network team has an exceptional vision for the leading-edge programming that will appeal to gamers and eSports fans,” said Rolando Nichols, CEO of Hollywood Riviera Studios. “We are excited to work with the media team and to provide them with our state-of-the-art, high-end production facility to turn their vision into reality.”
GG Media Studios, a division of GG Media Network, will begin filming on its new project later this month. (Source: Marketwired)
The press release spoke of Hollywood Riviera Studios as a non-dilutive investor. For our readers who may not be highly versed in terminology, a quick explanation. Dilutive financing is any type of fund raising that requires a surrender of shares of the company to the financier. On the flip-side, non-dilutive financing is a non-toxic sort of financing that does not require the company to give up shares of its stock.
Another interesting side note is that the GG Studios team includes Director Travis Oates, who continued the role of Piglet in My Friends Tigger & Pooh and other Winnie the Pooh-related media after the death of John Fiedler in 2005. He also was one of the original co-hosts of the G4TV original program Arena, a competitive gaming show with Wil Wheaton (of ‘Stand By Me’ and ‘Star Trek’ fame) in 2002.
We are interested to continue following the story of AMLH, which has grown by leaps and bounds since our first mention of it less than six weeks ago. You can follow it right along with us. We’ll stay up on any developments with AMLH and pass them along to you! Stay locked on StreetRegister.com and be sure you’re signed up for our 100% free smallcap newsletter. It’s that easy! Simply submit your primary active email address in the box below. Subscribe now!
Disclosure: No one at Street Register has been compensated in any way for the publishing of this article, nor do we hold any position in AMLH stock, short or long.