20 Nov 2020quarterly activities report▼ Bad
AMERICAN INTERNATIONAL HOLDINGS CORP. reported quarterly revenue of $559 thousand and a net loss of $1.5 million for the period ended 2020-09-30.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
18 Nov 2020substantial holder notice● Neutral
Jacob D. Cohen, Cohen Enterprises, Inc reported a AMERICAN INTERNATIONAL HOLDINGS CORP. shareholding of 20,000,000 shares (46.00% of votes) in a periodic institutional filing.
18 Nov 2020director interest notice● Neutral
AMERICAN INTERNATIONAL HOLDINGS CORP. Chief Executive Officer Jacob D. Cohen bought 11,000,000 shares on the open market.
18 Nov 2020substantial holder notice● Neutral
Luis Alan Hernandez reported a AMERICAN INTERNATIONAL HOLDINGS CORP. shareholding of 2,000,000 shares (4.60% of votes) in a periodic institutional filing.
18 Nov 2020director interest notice● Neutral
AMERICAN INTERNATIONAL HOLDINGS CORP. Chief Marketing Officer Luis Alan Hernandez disposed of 4,000,001 shares via option/appreciation-right settlement.
13 Nov 2020late filing notice▼ Bad
AMERICAN INTERNATIONAL HOLDINGS CORP. notified the SEC that its quarterly report would be filed late.
5 Oct 2020capital raising announcement▼ Bad
On September 14, 2020 the company sold Geneva Roth a further $53,000 convertible note at 8%, due December 14, 2021 (the filing text gives this date), convertible from day 180 at 61% of the average of the two lowest 10-day VWAPs. The filing estimates up to 457,291 shares at $0.1159 (39% discount to $0.19) and warns of significant dilution if it is not repaid in cash; it continues the series of small discount-convertible notes.
19 Aug 2020quarterly activities report▼ Bad
AMERICAN INTERNATIONAL HOLDINGS CORP. reported quarterly revenue of $1.9 million and a net loss of $1.9 million for the period ended 2020-06-30.
13 Aug 2020late filing notice▼ Bad
AMERICAN INTERNATIONAL HOLDINGS CORP. notified the SEC that its quarterly report would be filed late.
24 July 2020quarterly activities report▼ Bad
AMERICAN INTERNATIONAL HOLDINGS CORP. reported quarterly revenue of $1.9 million and a net loss of $1.9 million for the period ended 2020-06-30.
29 June 2020late filing notice▼ Bad
AMERICAN INTERNATIONAL HOLDINGS CORP. notified the SEC that its quarterly report would be filed late.
10 June 2020substantial holder notice● Neutral
Jacob D. Cohen, Cohen Enterprises, Inc disclosed a new substantial AMERICAN INTERNATIONAL HOLDINGS CORP. shareholding (25.38% of votes).
10 June 2020substantial holder notice● Neutral
Esteban Alexander disclosed a new substantial AMERICAN INTERNATIONAL HOLDINGS CORP. shareholding (25.38% of votes).
10 June 2020director interest notice● Neutral
AMERICAN INTERNATIONAL HOLDINGS CORP. Chief Operating Officer Esteban Alexander acquired 3,000,001 shares at $0.26 under a company stock plan.
10 June 2020director interest notice● Neutral
AMERICAN INTERNATIONAL HOLDINGS CORP. Chief Executive Officer Jacob D. Cohen acquired 3,000,001 shares at $0.26 under a company stock plan.
10 June 2020substantial holder notice● Neutral
Luis Alan Hernandez disclosed a new substantial AMERICAN INTERNATIONAL HOLDINGS CORP. shareholding (16.92% of votes).
10 June 2020director interest notice● Neutral
AMERICAN INTERNATIONAL HOLDINGS CORP. Chief Marketing Officer Luis Alan Hernandez received 1 shares as part of the equity award.
29 May 2020capital raising announcement▼ Bad
On May 19, 2020 the company sold Geneva Roth another convertible note, $53,000 at 8%, due May 19, 2021, convertible from day 180 at 61% of the lowest 10-day VWAP. The filing estimates up to 347,541 shares at $0.1525 and warns of significant dilution if it is not repaid in cash. It is the third discount-convertible note in a few months, following Adar Alef, Geneva Roth and FirstFire.
21 May 2020asset acquisition disposition● NeutralMajor
On May 15, 2020 the company bought 51% of Life Guru, Inc. (owner of the LifeGuru.me coaching-marketplace website, still in development, launch expected by August 31, 2020) from Global Career Networks Inc, paying 500,000 newly created Series B Convertible Preferred shares valued at $500,000, with up to 1,500,000 more shares ($1,500,000) if milestones are met by May 15, 2021. On May 20, 2020 it also issued one Series A Preferred share each to directors Cohen, Alexander and Hernandez; together these vote 60% of all shareholder votes. The filing says there was no change in control because the three already own 68% of the common stock. Series B could convert into about 1.85 million common shares now (about 7.4 million if all milestone shares are issued), a number that rises if the stock price falls. This is a new business line beyond the med spas, nutrition store and construction, and it further concentrates voting power with the three directors.
18 May 2020capital raising announcement▼ BadMajor
The company sold two more discount-convertible notes: $88,000 to Geneva Roth on April 20, 2020 (8%, due April 20, 2021) and $105,000 to FirstFire on April 30, 2020 ($100,000 price plus $5,000 discount, 8%, due April 30, 2021). Both can convert into shares at a discount to recent trading prices (Geneva Roth from day 180 at 61% of the lowest 10-day VWAP; FirstFire at $0.50 for 180 days, then the lower of $0.50 or 60% of the lowest VWAP), and the filing warns shareholders may suffer significant dilution if they are not repaid in cash. It estimates up to 760,016 shares for Geneva Roth at $0.125; this continues the Adar Alef financing pattern from February 2020.
13 May 2020late filing notice▼ Bad
AMERICAN INTERNATIONAL HOLDINGS CORP. notified the SEC that its annual report would be filed late.
4 Mar 2020capital raising announcement▼ BadMajor
On February 24, 2020, the company sold Adar Alef, LLC a $157,500 convertible note for $150,000 cash (less $7,500 of the lender's legal fees), at 8% interest and due February 24, 2021. The lender can convert into shares at 60% of the lowest recent trading price, and the filing says shareholders may suffer significant dilution if it is not repaid in cash; it estimates up to 942,000 shares at $0.18. This is the company's first discount-convertible financing in the record, and it is new debt on top of the 2019 notes.
21 Jan 2020securities registration● Neutral
AMERICAN INTERNATIONAL HOLDINGS CORP. filed a post-qualification amendment to its Regulation A offering.
13 Jan 2020debt financing● Neutral
In January 2020 the company signed two five-year leases with Asher Park, LLC in Tyler, TX: about 1,516 sq ft of offices for Capitol City Solutions at $27,288 a year, and about 1,900 sq ft for a planned Novopelle med spa at $34,200 a year for 36 months then $36,100, with up to $133,000 in landlord improvement allowance. The press release says the Woodlands location is due to open later in January and Tyler would be the third Novopelle spa. This continues the expansion and adds rent commitments.
9 Jan 2020securities registration● Neutral
AMERICAN INTERNATIONAL HOLDINGS CORP. filed a post-qualification amendment to its Regulation A offering.
16 Dec 2019securities registration● Neutral
AMERICAN INTERNATIONAL HOLDINGS CORP. filed a post-qualification amendment to its Regulation A offering.
21 Nov 2019quarterly activities report▼ Bad
AMERICAN INTERNATIONAL HOLDINGS CORP. reported quarterly revenue of $52 thousand and a net loss of $2.1 million for the period ended 2019-09-30.
19 Nov 2019quarterly activities report▼ Bad
AMERICAN INTERNATIONAL HOLDINGS CORP. reported quarterly revenue of $52 thousand and a net loss of $2.1 million for the period ended 2019-09-30.
15 Nov 2019debt financing● Neutral
On November 6, 2019, subsidiary Novopelle Waterway, Inc. signed a five-year lease for about 1,254 sq ft in The Woodlands, TX for a new Novopelle med spa. Base rent is $53,922 a year, rising 3% annually, plus share of taxes, insurance and common costs, and 6% of gross sales above $1,000,000 a year. The landlord offers a $12,540 improvement allowance. This is the first use of the Novopelle license to open a new location, and it adds fixed lease obligations.
14 Nov 2019late filing notice▼ Bad
AMERICAN INTERNATIONAL HOLDINGS CORP. notified the SEC that its quarterly report would be filed late.