EX-5 3 fsb2a1ex5_ameribusiness.htm LEGAL OPINION OF ANSLOW & JACLIN, LLP

 

ANSLOW & JACLIN, LLP  

RICHARD I. ANSLOW

 

Counselors at Law

EMAIL: RANSLOW@ANSLOWLAW.COM

 

 

 

 

 

GREGG E. JACLIN

 

 

EMAIL: GJACLIN@ANSLOWLAW.COM

 

July 3, 2006

 

American Business Holdings Inc. 

1223 Wilshire Boulevard, Suite 851

Santa Monica CA 90403

 

Gentlemen:

 

You have requested our opinion, as counsel for American Business Holdings Inc., a Delaware corporation (the “Company”), in connection with the registration statement filed on Amendment No. 1 to Form SB-2 (the “Registration Statement”), under the Securities Act of 1933 (the “Act”), filed by the Company with the Securities and Exchange Commission.

 

The Registration Statement relates to an offering of 245,000 shares of the Company’s common stock.

 

We have examined such records and documents and made such examination of laws as we have deemed relevant in connection with this opinion. It is our opinion that the shares of common stock to be sold by the selling shareholders have been duly authorized and are legally issued, fully paid and non-assessable.

 

No opinion is expressed herein as to any laws other than the State of Delaware of the United States. This opinion opines upon Delaware law including the statutory provisions, all applicable provisions of the Delaware Constitution and reported judicial decisions interpreting those laws.

 

We hereby consent to the filing of this opinion as an exhibit to the Registration Statement and to the reference to our firm under the caption “Experts” in the Registration Statement. In so doing, we do not admit that we are in the category of persons whose consent is required under Section 7 of the Act and the rules and regulations of the Securities and Exchange Commission promulgated thereunder.

 

Very truly yours,

 

ANSLOW & JACLIN, LLP

 

By:

/s/ Gregg E. Jaclin

 

GREGG E. JACLIN

 

195 Route 9 South, Suite 204, Manalapan, New Jersey 07726