LAS VEGAS, May 20, 2016 /PRNewswire/ -- American Leisure Holdings, Inc. (OTC: AMLH), announced today that it has completed a Share Exchange Agreement with Digital Airo Inc. (DIGA), which is now the operational company. The Share Exchange resulted in the Management of DIGA becoming the majority shareholders, now holding approximately 65% of the Issued and Outstanding stock in the company.
Mr. Eric Wroblewski and Mr. Scott Wroblewski have resigned their positions as Officers and Directors of the company and Mr. James McFadden was appointed the Chief Executive Officer and sole Officer and Director at this time. Mr. McFadden stated "we are excited to bring Digital Airo forward as the primary business proposition in the public arena and look forward to executing our plan to becoming a well-rounded online solution for communications in today's market."
Digital Airo will be the primary operating business that shall represent various technology and online related products and services. The detail of the transaction is further identified in the Information Statement that was posted on OTC Markets on May 13, 2016 and is incorporate herein by reference.
Mr. Wroblewski said that "we are pleased to have sourced and reached an agreement with Digital Airo so that we can offer our shareholders a business model that has the potential of rapidly growing with full scalability and multiples that can result in significant returns, should the business model come to fruition."
About Digital Airo:
The Company's new business model is operated by Digital Airo, Inc. under the brand name Registered Express™, which is an Internet based global delivery of documents/files/media through its licensed proprietary system and network. The Company was founded upon the most reliable and advanced technologies in the industry combined with innovative business development, marketing and branding strategies. This simple, easy to use system with enhanced capabilities of security, notifications, and storage, exceeds all compliance and security standards. The Company's EDD (electronic document delivery) system is branded under the name Registered Express and is accessible at the web site www.registeredexpress.com.
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements are subject to risks and uncertainties that could cause future results to differ materially from the forward-looking statements. You should consider these factors in evaluating the statements herein, and not rely solely on such statements. The forward-looking statements in this release are made as of the date hereof and American Leisure Holdings, Inc. undertakes no obligation to update such statements.
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SOURCE American Leisure Holdings, Inc.