American Leisure Holdings, Inc. (OTC:AMLH) entered into a definitive agreement to acquire Digital Airo Inc. on May 6, 2016. The consideration involves entering a new license agreement with AMLH under the new business model. James McFadden will be appointed as the new President and Chief Executive Officer of American Leisure Holdings, Inc.

American Leisure Holdings, Inc. (OTC:AMLH) completed the acquisition of Digital Airo Inc. on May 20, 2016.