Gaucho100K

I assume many of you know about the ongoing promotion of 4X miles for eligible AA purchases using the Citibank AAdvantage Credit Card... this promo runs from 9/28/22 to 12/31/22 and is valid for select "eligible" AA spend - and of course AA airfares purchased are considered valid. Also (as far as I understand from the details Ive been reading), the 4X miles will all count towards LP - so then 4x miles earned will equate to 4x LPs.... (???).

I would request the AA experts kindly confrm if my above interpretation of 4x Miles under this promo being valid as LP is correct, or not. If these bonus 4x miles do not count as LP, I would not be interested in pursuing this.

Second question... I was thinking of anticipating AA spend for the 2023 trips that I have planned.... so then, would I be OK with booking reservations (and issuing and paying for them) before the 12/31 deadline, so as to earn the 4X miles (and LPs), and then just cancel and get trip/flight credit (sorry, I never remember which credit is due in which case) and use that to rebook future travel...? Needless to say, my tickets that I will be purchasing are for flights that begin (and end) AFTER the deadline will have passed (ie. I will be issuing tickets for flights int January 2023).

I guess my above second questions is a 2x1 question, because while I understand that the valid AA spend must be done before the Promo deadline, I have not seen any requirements as to having to actually FLY the issued tickets before the deadline set for this promotion.

I hope Ive been able to make myself clear - and would appreciate any insight/advice the AA board elders would care to share.

Kind regards & thanks in advance for everybody's help with this.

Cheers,
Alex / Gaucho100K