Document:

EXHIBIT 10.48

                                 PROMISSORY NOTE

$1,698,340.00                                                      APRIL 1, 2004

STATE OF FLORIDA                                                  COUNTY OF DADE

     FOR  VALUE  RECEIVED,  the  undersigned  American  Leisure  Holdings,  Inc.
("Maker")  promises  to  pay  to  the order of The Shadmore Trust U/A/D 12/26/89
("Holder")  the sum of One Million, Six Hundred And Ninety-Eight Thousand, Three
Hundred  and Forty Dollars ($1,69S,340.00US) in currency of the United States of
America  together  with  interest  as  set  forth  below.

PAYMENT
     The  principal amount, plus accrued interest to the date of payment, if not
sooner  paid,  shall  be  due and payable on April 1, 2011. Maker agrees that it
shall  make  payments  of  5,000  per  week on account of interest and principal
until  the  note  is fully paid or to the maturity date, whichever first occurs.

INTEREST  RATE
     Interest  shall  accrue  on the unpaid balance of the principal amount from
time to tune at the rate of rour percent (4%) per annum and shall be paid within
each  payment  made  on  a  weekly  basis.

PREPAYMENT
     Maker  shall  have  the  right to prepay the principal in whole or in part,
without  penalty,  at  any  tune  and  from  time  to time prior to maturity and
interest  shall cease to accrue on the amount pre-paid as of the last day of the
month  in  which  said  payment  is  made.

SECURITY  &  COLLATERAL
     This  Note  and  all  sums  due  hereunder are unsecured obligations of the
Maker.

WAIVERS,  FEES  AND  COSTS
     Maker  and  guarantors  of  this  Note severally waive demand, presentment,
notice  of  dishonor, diligence in collecting, grace, and notice of protest, and
agree  to  all  renewals, extensions, and partial payments both before and after
maturity  without  prejudice  to  Holder.  Maker  agrees  to  pay  any  and  all
out-of-pocket  costs  incurred  by  the  holder of this Note to execute the fund
transfers  implied herein. In addition, if this Note is not paid at the maturity
date  and  is  placed  in  the  bands of an attorney for collection, or if it is
collected through a court of bankruptcy, probate, or other court after maturity,
then  Holder  shah"  be  entitle  to  reasonable attorney's fees for collection.

                                   American  Leisure  Holdings,  Inc.

                                   /s/  Malcolm  J.  Wright
                                   ------------------------
                                   By:  Malcolm  J.  Wright
                                        As  Chief Executive Officer

<PAGE>EXHIBIT 10.49

                            STOCK PURCHASE AGREEMENT

This  Agreement, made and concluded this 12 day of April, 2004 is by and between
Elsa Herrara, Laura Bazo, Margarita Valverde, Maria del Rosario Chaves and Maria
Theresa  Stanfield  (hereinafter  "Sellers"),  and

American  Leisure Holdings, Inc., a Nevada corporation with its principal office
and  place  of  business  located  at  Orlando,  Florida  (hereinafter  "AMLH").

                                   WITNESSETH

Whereas,  Herrara,  Bazo,  Valverde,  Chaves  and  Stanfield  are also owners of
Preferred  Stock  in  the  Florida corporation known as Around The World Travel,
Inc.  of  Coral  Gables,  Florida  ("AWT");  and

Whereas, AMLH has made an offer to Sellers to acquire the Preferred Stock; and

Whereas,  Sellers  have  accepted  the  AMLH  offer  and  the  Parties desire to
memorialize  their  agreement.

Now,  therefore, in consideration of the mutual promises herein contained, it is
agreed  as  follows.

1 . Recitals. The forgoing Recitals are true and accurate and are incorporated
herein.

2.  Preferred  Stock.  Seller,  Herrara represents that she owns 2,000 shares of
Preferred Stock. Seller, Bazo represents that she owns 1,600 shares of Preferred
Stock.  Seller,  Valverde  represents  that  she  owns 1,000 shares of Preferred
Stock.  Seller, Chaves represents that she owns 1,000 shares of Preferred Stock.
Seller, Stanfield represents that she owns 1,400 shares of Preferred Stock. Said
shares  are  not  leveraged,  assigned as collateral or in any way impaired such
that  they  can  not  convey  them. AMLH hereby acknowledges that said stock may
contain restrictive legends and has no objection thereto. Sellers hereby provide
a  statement from AWT executed by a duly authorized officer of AWT that verifies
their  Preferred  Stock holding. Attached hereto as Exhibits B-1 through B-5 are
copies  of  the  stock  certificates numbered PA-32, PA-33, PA-34, PA-35, PA-36,
respectively.

3.  Consideration  to  Be  Paid.  A.)  AMLH  agrees to pay to Sellers the sum of
$250.00  upon  execution  hereof.  Receipt  of  said  payment is acknowledged by
Sellers.

4.  Indemnities.  AMLH hereby agrees to indemnify Sellers from any and all loss,
cost  or  expense  associated  with  the  transfer of the Preferred Stock of AWT
relative  to  any  rights  that  AMLH  may have under state and federal laws and
regulations  of  the state and federal regulatory bodies relating to the private
sale  of  exempt,  non-registered  securities. AMLH is an accredited investor as
defined  in  Rule  501 of Regulation D of the Securities Act of 1933, as amended
(the  "Act").

<PAGE>

5.   Timing  and  Closing.   The Parties agree that the documents and securities
recited  herein  shall  be  exchanged  upon  execution  of  this  Agreement.

6.  Disclosures.  AMLH  has  disclosed  and  by  these presents re-affirms their
disclosure to Sellers that it currently intends to seek an agreement with AWT to
purchase  the entire asset array of AWT (the "Assets")- In such pursuit, AMLH is
making  this  Agreement, as it intends to do with most, if not all, of the other
shareholders  of AWT, so as to structure the acquisition of the Assets in such a
way  as  to  provide  a fair and amicable transition of the ownership of and the
business  operations  of AWT in and to AMLH. At present, AMLH holds an Option to
Buy  all  of  the  membership units of the majority shareholder of AWT. Further,
AMLH  has  made an agreement with GCD Acquisition Corp. to acquire the ownership
and  rights  of the senior secured debt (formerly owed to Galileo International,
LLC) owed by AWT. In addition, AMLH intends to make appropriate use of the staff
and  management  of  AWT  in the ongoing operations of the AMLH Travel Division.

7.  Releases.  In  light  of the Disclosures, AMLH requires and Sellers agree to
look solely to AMLH for the performance of the obligations contained herein and,
as  such,  said  obligations shall replace and supercede all obligations of AWT,
ATWH  and the officers, members and directors of said entities. Further, Sellers
agree  to release AWT, Guarantors, their members, officers and directors for all
acts  or  commitments  made  prior  to  the  date  of  this  Agreement.

8.  Entire  Agreement.  This  Agreement  contains  all aspects of the agreements
between  the  Parties.  This  Agreement  supercedes  all  prior written and oral
communications  pertaining  to  the  transaction  described  herein. Any element
deemed  unenforceable  will  not  vitiate  the  remaining  provisions  or  this
Agreement.  This  Agreement is not assignable without the written consent of the
other  Party  except  that  AMLH  may  assign  this  Agreement  to  a subsidiary
controlled  by  AMLH  but  no  such  assignment  shall  relieve  AMLH  from  the
responsibilities  incurred  herein.

Dated  at  Coral  Gables,  Florida  this  12th  day  of  April,  2004.

Sellers:
--------

/s/ Elsa Herrara          /s/ Laura Bazo
----------------          --------------
Elsa Herrara              Laura Bazo

/s/ Margarita Valverde    /s/ Maria del Rosario Chaves
----------------------    ----------------------------
Margarita Valverde        Maria del Rosario Chaves

/s/ Maria Theresa Stanfield
---------------------------
Maria Theresa Stanfield

<PAGE>

Dated at Orlando, Florida this 12th day of April, 2004.

/s/ Malcolm Wright
------------------
Malcolm Wright, President
American Leisure Holdings, Inc.

<PAGE>EXHIBIT 10.50

                    ADDITIONAL $1.25 MILLION PROMISSORY NOTE
                    ----------------------------------------

$1,250,000.00                                                  November 15, 2004
                                 ***************

     For  Value Received, each of American Leisure Marketing & Technology, Inc.,
a  Florida  corporation  ("ALMT"), Orlando Holidays, Inc., a Florida corporation
                           ----
("OHI"),  American  Leisure,  Inc.,  a  Florida  corporation  ("AL"), Welcome To
  ---                                                           --
Orlando, Inc., a Florida corporation ("WTO"), American Travel & Marketing Group,
  ---                                  ---
Inc.,  a  Florida  corporation ("ATMG"), Hickory Travel Systems, Inc., a Florida
                                 ----
corporation  ("HTS")  and  American Leisure Holdings, Inc., a Nevada corporation
               ---
("ALHI" together with ALMT, OHI, AL, WTO, ATMG and HTS are collectively referred
  ----
to  herein  as  the  "MAKERS"  and individually as a "MAKER") hereby jointly and
                      ------                          -----
severally,  absolutely  and  unconditionally  promise  to  pay  to  the order of
Stanford  Venture  Capital Holdings, Inc., or its assigns (the "PAYEE"), at 5050
                                                                -----
Westheimer,  Houston, Texas 77056, or at such other place or places as Payee may
direct,  in  lawful  money of the United States, on or before SEPTEMBER 30, 2005
(the  "MATURITY  DATE")  the  principal  amount  of  $1,250,000.00  (sometimes
       --------------
hereinafter referred to as the "PRINCIPAL AMOUNT") together with interest on the
                                ----------------
unpaid principal balance at an annual rate equal to EIGHT Percent (8%) per annum
("INTEREST").
  --------

The  Makers  also  agrees  as  follows:

     1.     Payments  and  Interest.  Interest  shall  accrue  on  the  unpaid
            -----------------------
Principal  Amount from the date hereof until the Maturity Date.  Payments of the
Interest due under this Note shall be made, quarterly in arrears, in immediately
available  lawful  money of the United States of America. Upon the Maturity Date
all  of  the  Principal Amount, all Interest and all other sums due and owing to
Payee  hereunder  shall  be paid in full; each payment is to be applied first to
accrued  and  unpaid  Interest and the balance in the reduction of the Principal
Amount.  The  Makers'  obligation  to  repay the Loan and to pay Interest on the
Loan  shall  be  absolute,  irrevocable  and  unconditional  under  any  and all
circumstances  whatsoever and shall not be terminated for any reason whatsoever.
This  Note may be prepaid at the option of the Makers on thirty (30) days' prior
written  notice.  Any  prepayment  will first be applied to accrued interest and
then  to  the  unpaid  principal  balance  of  this  Note.

     2.     Credit Agreement. This Note has been executed and delivered pursuant
       ----------------
to,  and is subject to the terms and conditions set forth in that certain Credit
Agreement dated as of June 17, 2004, and amended by that certain First Amendment
to Credit Agreement (the "Agreement") of even date herewith, entered into by and
among  the Makers and Payee (the Credit Agreement and the Amendment collectively
referred to as the "CREDIT AGREEMENT"). The Payee of this Note shall be entitled
                    ----------------
to all of the benefits provided in the Credit Agreement.

     3.     Stock  Pledge  Agreement.  The  payment  of the  principal amount of
            ------------------------
$1,250,000  with interest due under this Note is secured by that certain Amended
       --
and  Restated  Secuirity Agreement by and between Makers and Lender of even date
herewith  (the  "SECURITY  AGREEMENT")  and  that  certain Collateral Assignment
                 -------------------
Agreement  by and between ALHI and Lender of even date herewith (the "COLLATERAL
                                                                      ----------
ASSIGNMENT  AGREEMENT").
---------------------

<PAGE>

     4.     Acceleration Upon Default.  Payee  may  declare  the  entire  unpaid
            -------------------------
Principal Amount of this Note, together with all accrued and unpaid Interest, to
be immediately due and payable upon written demand, at Payee's sole election, if
any one or more of the following events of default (each, an "EVENT OF DEFAULT")
                                                              ----------------
shall occur:

          (a)  Payments  of Principal and Interest. Any Maker shall fail to make
               -----------------------------------
     any  payment  of  the  Principal Amount or Interest on this Note within ten
     (10)  days  after  Payee  has  provided Maker with written notice that such
     payments are due.

          (b) Failure to Observe or Perform Covenants. Any Maker defaults in any
              ---------------------------------------
     material  respect  in  the  observance  or  performance of any non-monetary
     representation, warranty, covenant, or agreement in this Note or the Credit
     Agreement and such default continues for a period of thirty (30) days after
     written  notice  by  Payee  to Maker; provided, however, to the extent such
     non-monetary  default  is  not  capable  of  being cured within said 30-day
     period,  Maker  will  have  an  additional  thirty  (30)  days to cure such
     non-monetary default.

          (c)  Cross  Default. There shall occur any default or event of default
               --------------
     on the part of any Borrower under:

               i. the Credit Agreement;

               ii.  the  $1,000,000  Credit  Facility dated even herewith by and
          among  ALHI,  Caribbean Leisure Marketing Limited ("CLM"), Castlechart
          Limited ("CC") and Payee ("Additional Credit Facility"), except as set
          forth therein;

               iii.  any  of  the  Loan  Documents  (as  defined  in  the Credit
          Agreement);

               iv. $6,000,000 Credit Facility by and among Sunstone Golf Resort,
          Inc.,  American  Leisure  Marketing  &  Technology,  Inc.,  Advantage
          Professional  Management  Group  Inc.,  Caribbean  Leisure  Marketing
          Limited, Leisure Share International, Ltd., American Leisure Holdings,
          Inc.,  and  Malcolm Wright and Stanford Venture Capital Holdings, Inc.
          dated  as  of  December  18,  2003;  or  any  agreement,  document  or
          instrument  which  relates  to  any  debt for money borrowed, if, as a
          consequence  of  such  default  or event of default, the Payee of such
          debt  shall be authorized to accelerate the maturity or demand payment
          thereof,  provided  written notice and opportunity to cure required in
          connection  with  the  applicable  documentation  has been provided to
          Borrower.

          (d)  Bankruptcy,  etc., Maker. Should (i) Any Maker commence any case,
               ------------------------
     proceeding  or  other  action  (collectively,  "PROCEEDING")  (A) under any
                                                     ----------
     existing  or  future law of any jurisdiction, domestic or foreign, relating
     to  bankruptcy,  insolvency,  reorganization  or similar relief of debtors,
     seeking  to have an order for relief entered with respect to it, or seeking
     to  adjudicate  it  a  bankrupt  or  insolvent,  or seeking reorganization,
     arrangement,  adjustment, winding-up, liquidation, dissolution, composition
     or  other  similar  relief  with respect to it or its debts, or (B) seeking
     appointment of a receiver, trustee, custodian or other similar official for
     it  or  for  all  or any substantial part of its assets, or any Maker shall
     make  a  general assignment for the benefit of its creditors; or (ii) there
     be  commenced  against  any Maker any Proceeding of a nature referred to in
     clause (i), above, which results either in the entry of an order for relief
     ("ORDER")  or  appointment,  and  any  such  Order  or  appointment remains
       -----

<PAGE>

     undismissed  in  a  manner reasonably satisfactory to Payee for a period of
     sixty  (60)  days (the foregoing shall include the commencement against any
     Maker  of  any  Proceeding  seeking  issuance  of  a warrant of attachment,
     execution, distraint or similar process against all or any substantial part
     of  its  assets  which results in the entry of an Order for any such relief
     which  remains undismissed in a manner reasonably satisfactory to Payee for
     sixty  (60)  days);  or  (iii)  any Maker takes any action substantially in
     furtherance  of,  or  expressly  indicating  its consent to, approval of or
     acquiescence in, any of the acts set forth in clause (i) or (ii) above.

     5.     Default  Rate  of  Interest.  During the continuance of any Event of
            ---------------------------
Default,  Interest  shall be calculated at the rate of Fifteen Percent (15%) per
annum.

     6.     Conversion
            ----------

          (a) Conversion Rights. At any time prior to the Maturity Date, amounts
              -----------------
     outstanding  under  this  Note and all sums at any given time due hereunder
     shall,  at the sole election of the Payee and upon 5 days written notice to
     ALHI  on  behalf  of  all  of the Makers be convertible into that number of
     shares  of  ALHI  common  stock.  $0.001  par value per share calculated by
     dividing  the  amount  due  by $10.00. Any conversion shall be exercised by
     written  notice  to  ALHI  at  its  principal place of business, and may be
     exercised in full or in part, from time to time.

          (b) Mechanics of Conversion.
              -----------------------

               i. Any conversion shall be exercised by written notice to ALHI at
          its principal place of business (the "CONVERSION NOTICE").
                                                ------------------

               ii. Within five (5) days of its receipt of the Conversion Notice,
          ALHI  shall issue and deliver to the address of the Payee as set forth
          in  the Credit Agreement (as such address may be modified from time to
          time  in  the  records  of  ALHI),  or  to  the  Payee's  nominees,  a
          certificate  or  certificates for the number of shares of Common Stock
          to  which  such Payee shall be entitled; provided, that ALHI shall not
          be  obligated to issue to any Payee certificates evidencing the shares
          of  Common Stock issuable upon such conversion unless either this Note
          is  delivered  to  ALHI  for cancellation and reissuance in the proper
          amount  or  an affidavit of loss of this Note has been executed by the
          Payee.

               iii.  If  ALHI shall declare and pay to the holders of the shares
          of  Common  Stock a dividend in shares of Common Stock, the Conversion
          Price  in  effect  immediately  prior  to  the  date  fixed  for  the
          determination  of  shareholders  entitled  to  such dividends shall be
          proportionately  decreased (adjusted to the nearest 1/100th of a share
          of  Common  Stock),  such  adjustment  to become effective immediately
          after the date fixed for such determination.

<PAGE>

               iv.  If  ALHI  shall  subdivide  the outstanding shares of Common
          Stock  into  a greater number of shares of Common Stock or combine the
          outstanding  shares of Common Stock into a smaller number of shares of
          Common Stock, the Conversion Price in effect immediately prior to such
          subdivision  or  combination,  as  the  case  may  be,  shall  be
          proportionately  increased  or  decreased  (adjusted  to  the  nearest
          1/100th  of  a  share  of Common Stock), as the case may require, such
          increase  or  decrease,  as  the case may be, to become effective when
          such subdivision or combination becomes effective.

               v.  In  the case of any reclassification or change of outstanding
          shares  of  Common Stock issuable upon the conversion of this Note, or
          in  the  case  of  any  consolidation  or  merger of ALHI with or into
          another  corporation,  or  in  the  case  of any sale or conveyance to
          another  corporation  of  all  or substantially all of the property of
          ALHI,  the Payee of this Note shall have the right thereafter, so long
          as  such  Payee's  conversion  right hereunder shall exist, to convert
          this  Note  into the same kind and amount of shares of stock and other
          securities and property receivable upon such reclassification, change,
          consolidation,  merger, sale or conveyance by a Payee of the number of
          shares  of  Common  Stock of ALHI into which this Note might have been
          converted  immediately  prior  to  such  reclassification,  change,
          consolidation, merger, sale or conveyance.

               vi.  In  case  securities or property other than shares of Common
          Stock  shall  be  issuable  or  deliverable  upon  the  conversion  as
          aforesaid,  then  all  references  in  this Section shall be deemed to
          apply,  so  far  as appropriate and as nearly as may be, to such other
          securities  or  property.  The subdivision or combination of shares of
          Common  Stock  at any time outstanding into a greater or lesser number
          of  shares  of  Common Stock (whether with or without par value) shall
          not be deemed to be a reclassification of the Common Stock of ALHI for
          the purposes of this subsection.

     7.     Reservation of Common Stock Issuable Upon Conversion.  ALHI shall at
            ----------------------------------------------------
all  times  reserve and keep available out of its authorized but unissued shares
of Common Stock, such number of its shares of Common Stock as shall from time to
time  be  sufficient  to  effect the conversion of this Note, the sufficiency of
which  shall  be  determined  by  using  the  Conversion  Price.

     8.     Conditionally  Non-Recourse  to ALHI.  This Note shall be non-
            ------------------------------------
recourse to ALHI except in the instances set forth in the Credit Agreement.

     9.     No  Usury;  Costs  and  Expenses;  No  Set-Off.
            ----------------------------------------------

          (c)  No  Usury.  Anything  contained  in  this  Note  to  the contrary
               ---------
     notwithstanding,  Payee shall not charge, take or receive, and Makers shall
     not  be obligated to pay to Payee, any amounts constituting interest on the
     principal

<PAGE>

     amount  of  this  Note,  from  time  to  time outstanding, in excess of the
     maximum  rate  permitted  by  applicable  laws,  as  such  laws  are now or
     hereinafter enacted, amended or construed by the courts having jurisdiction
     thereof,  or  which  subjects  or  may  subject  Payee to the imposition of
     penalties  or  forfeiture  ("MAXIMUM  RATE").  In  the  event that any such
                                  -------------
     payment  of  interest  would exceed the Maximum Rate ("EXCESS"), or if such
                                                            ------
     Excess  would  subject  Payee to the imposition of penalties or forfeiture,
     then  Payee shall deduct such Excess from any principal amounts of the Note
     that  remain outstanding if any, and if there still remains an Excess, then
     Payee  will  pay  the remaining Excess to Maker, with appropriate interest,
     and  the  effective  rate  of  interest on this Note shall automatically be
     reduced to the Maximum Rate.

          (d)  Costs and Expenses. Makers jointly and severally agree to pay all
               ------------------
     costs  and  expenses  including,  without limitation, reasonable attorneys'
     fees, incurred or payable by Payee in enforcing each provision of this Note
     including,  without  limitation,  respecting  the collection of any and all
     amounts payable under this Note.

          (e)  No  Set-Off.  Makers  acknowledge  that  its  obligations to make
               -----------
     payments  hereunder  are  absolute  and  unconditional, and agree that such
     payments  shall  not  be subject to any defense, set-off or counterclaim of
     any  kind  or nature, or any other action similar to the foregoing. For the
     avoidance  of doubt, nothing herein shall preclude a separate proceeding in
     respect of claims of any Maker against the Payee.

     10.     Miscellaneous.
             -------------

          (f)  Rights  and  Remedies.  Payee  shall have all rights and remedies
               ---------------------
     provided  for  by  any  law  of  any kind (including all forms of legal and
     equitable  relief)  with respect to any acceleration or any other breach or
     default  hereunder  and  Payee  shall in addition have any other rights and
     remedies provided for in this Note. All rights and remedies contemplated in
     the preceding sentence shall be independent and cumulative, and may, to the
     extent  permitted  by law, be exercised concurrently or separately, and the
     exercise  of  any one right or remedy shall not be deemed to be an election
     of  such  right or remedy or to preclude or waive the exercise of any other
     right or remedy.

          (g)  Amendments;  Pronouns;  No  Waiver;  Successors  and  Assigns. No
               -------------------------------------------------------------
     amendment,  modification, rescission, waiver, forbearance or release of any
     provision of this Note shall be valid or binding unless made in writing and
     executed  by  a  duly  authorized  representative  of  Makers and Payee. No
     consent  or  waiver,  express  or  implied, by Payee to or of any breach by
     Maker in the performance by it of any of its obligations hereunder shall be
     deemed  or  construed  to  be  a  consent to or waiver of the breach in the
     performance  of  the  same  or  any  other  obligation of Makers hereunder.
     Failure  on  the  part of Payee to complain of any act or failure to act by
     Makers or to declare Makers in breach irrespective of how long such failure
     continues,  shall  not  constitute  a  waiver by Payee of any of its rights
     hereunder.  All consents and waivers shall be in writing. All of the terms,
     covenants  and  conditions contained in this Note shall be binding upon and
     inure  to the benefit of the parties hereto and their respective successors
     and  assigns,  provided  that  Maker's  obligations hereunder may be not be
     delegated  to  any  other Person without the prior consent of Payee and any
     such attempted delegation without such consent shall be void.

<PAGE>

          (h)  Governing  Law; Notices. This Note, including the performance and
               -----------------------
     enforceability  hereof,  shall  be  governed by and construed in accordance
     with  the laws of the State of Florida, without regard to the principles of
     conflicts  of  law.  Any  notice,  demand  or  other  written  document  in
     connection  with  this  Note shall be in writing signed by the party giving
     such notice.

     11.     WAIVER  OF  JURY  TRIAL.  PAYEE  AND  MAKERS  HEREBY  KNOWINGLY,
             -----------------------
VOLUNTARILY AND INTENTIONALLY WAIVE THE RIGHT ANY OF THEM MAY HAVE TO A TRIAL BY
JURY  IN  RESPECT OF ANY LITIGATION BASED HEREON, OR ARISING OUT OF, UNDER OR IN
CONNECTION  WITH  THIS  NOTE  AND  ANY  OTHER  AGREEMENT, DOCUMENT OR INSTRUMENT
CONTEMPLATED  TO  BE EXECUTED IN CONJUNCTION HEREWITH, OR ANY COURSE OF CONDUCT,
COURSE  OF  DEALING,  STATEMENTS  (WHETHER  VERBAL OR WRITTEN) OR ACTIONS OF ANY
PARTY  HERETO.  THIS  PROVISION IS A MATERIAL INDUCEMENT FOR PAYEE ENTERING INTO
THE  TRANSACTIONS  CONTEMPLATED  BY  THIS  AGREEMENT.

                         *SIGNATURES ON FOLLOWING PAGE*

<PAGE>

IN  WITNESS WHEREOF, the undersigned have executed and delivered this Note as of
the  day  and  year  first  above  written.

American  Leisure  Marketing  &              Orlando  Holidays,  Inc., a Florida
Technology, Inc., a  Florida corporation     corporation

By:/s/  Malcolm  J.  Wright                  By:/s/  Malcolm  J.  Wright
   ------------------------                     ------------------------
Name:  Malcolm  J.  Wright                   Name:  Malcolm  J.  Wright
     ----------------------                        ---------------------
Title  President                             Title  President
     ----------------------                        ---------------------

American  Leisure,  Inc.,  a  Florida        Welcome to Orlando, Inc., a Florida
corporation                                  corporation

By:/s/  Malcolm  J.  Wright                  By:/s/  Malcolm  J.  Wright
   ------------------------                     ------------------------
Name:  Malcolm  J.  Wright                   Name:  Malcolm  J.  Wright
     ----------------------                       ----------------------
Title  President                             Title  President
     ----------------------                       ----------------------

American  Travel  &  Marketing  Group,       Hickory  Travel Systems, Inc., a
Inc.,  a  Florida  corporation               Delaware  corporation

By:/s/  Malcolm  J.  Wright                  By:/s/  L.  William  Chiles
   ------------------------                     ------------------------
Name:  Malcolm  J.  Wright                   Name:  L.  William  Chiles
     ----------------------                       ----------------------
Title  President                             Title  President/CEO
     ----------------------                       ----------------------

American  Leisure  Holdings, Inc., a
Nevada  corporation

By:/s/  Malcolm  J.  Wright
   ------------------------
Name:  Malcolm  J.  Wright
     ----------------------
Title  President
     ----------------------

<PAGE>

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00087-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00087-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00087-of-00352.parquet"}]]