Value_Investor
7 días hace
Yes, $94,615 MV at its New Bottom 0.00035! ALST has already bounced Up 57.143% so far --- from 0.00035 to 0.00055! We might see its 52-week-high 0.0011 again in the coming days...
Anyway, ALST had 4B (i.e. 4,000,000,000) shares AS and 270,327,580 shares OS as of 12/26/2024 and the current SS (as of 01/14/2025) is unknown.
Note, ALST has -$0.03652224 a share Huge Negative Book Value!
Value_Investor
1 semana hace
Do you know that the company has terrible financial balance sheet --- $10M Negative Net Asset or shareholder's Equity Value which means that all the common shares here are Completely WORTHLESS now! Watch out the Coming Inevitable CH7 BANKRUPTCY as soon as this month...
The current OS could be 500M or more shares since the Huge AS is 4B or 4,000,000,000 shares!
Warning: 4B-shares-AS means ENDLESS FREE Huge dilutions in the future!
Note, the Old OS number (270,327,580 shares) from the otcmarkets.com was only as of 12/26/2024!
So, Liquidate this Pos Scam at the bids ASAP before ALST breaks down current Ridiculous High 52-week-low 0.00035 because Another New Low 0.0002 or even 0.0001 will be created in the near future...
Value_Investor
1 semana hace
Not true! The OS number (270,327,580 shares) was only as of 12/26/2024! Sell at the bids ASAP before ALST breaks down current Bottom 0.00035 since another New Low 0.0002 or even 0.0001 will be hit in the coming days/weeks...
Keep in mind that the Huge AS is 4B or 4,000,000,000 shares! Which means ENDLESS Huge dilutions...
The company has terrible financial balance sheet --- nearly $10M Negative Net Asset or shareholder's Equity Value which means that all the common shares are completely WORTHLESS now! Watch out the Coming Inevitable CH7 Bankruptcy in the near future unless some miracle happens here!
oilin07
2 meses hace
It can be difficult to make money owning an Italian soccer team because the business is not very profitable: High costs
The top talent in soccer can cost hundreds of millions of euros. In the 2018-19 season, the average Serie A team lost 13.8 million euros and had 216 million euros in debt.
Financial challenges
Football clubs are often reliant on cash from their owners to operate. European clubs need to spend to keep up with their competitors, which can make it difficult to avoid relegation.
Lack of private equity investment
Serie A lacks private equity investment at the league level, which could be a growth area for US investors.
However, there are some opportunities for making money in soccer, including:
Controlling costs: US investors can make money by cutting costs.
Buying in at a lower division: If a club can win promotion and remain in the Premier League, the value can increase significantly.
Leveraging the club's popularity: Club owners can use the club's popularity to market their own businesses.
Other opportunities in the Italian soccer business include:
Digital services, such as AI and blockchain data management
Sports marketing and merchandising
Fan-base management
Stadium development and design
AveragePenny
2 meses hace
$ALST Allstar Health Brands, Inc. (ALST) Engages in Strategic Acquisition Negotiations with MergersCorp Investment Banking for Italian Soccer Team
https://www.accesswire.com/949237/allstar-health-brands-inc-alst-engages-in-strategic-acquisition-negotiations-with-mergerscorp-investment-banking-for-italian-soccer-team
TORONTO, ON / ACCESSWIRE / December 2, 2024 / All Star Health Brands is pleased to announce that it is entering the final stages of negotiations for the acquisition of a soccer team located in northern Italy, which has most recently competed in Serie D. This team boasts a dedicated stadium and an extensive youth development program, aligning with our strategic objectives to build international partnerships and foster youth engagement in both Canada and the United States.
The transaction has been facilitated by MergersCorp, a prominent American investment banking firm specializing in cross-border mergers and acquisitions (M&A) advisory. Recently, MergersCorp expanded its expertise by launching a dedicated M&A Sports Division, which focuses on investments within the sports sector. This division provides comprehensive services designed to assist organizations in navigating the complexities of corporate restructuring, as well as buying and selling ventures. MergersCorp has solidified its reputation as a trusted partner for a diverse range of clients, including both private and public entities, from lower-middle market businesses to Fortune 500 companies.
As the organization moves forward, All Star Health Brands will commence the final due diligence process and prepare thei budget for the 2024/2025 fiscal year. In addition, All Star Health Brands is excited to announce that the organization will be coordinating soccer camps for junior players this spring and summer, aimed at providing youth with valuable training and development opportunities. There will be open tryouts for the team as All Star Health Brands seek to enhance performance and aim for advancement within the league.
The commitment to this initiative also includes investments in concession services and marketing efforts to enhance the spectator experience at home games. Furthermore, All Star Health Brands plan to collaborate with local municipal authorities to upgrade stadium facilities, ensuring a superior environment for fans and players alike.
Peter Wanner, CEO of All Star Health Brands, expressed his enthusiasm for this venture: "We are excited about the opportunities this acquisition presents. This initiative aligns perfectly with our fresh objectives and will significantly elevate our presence in Ontario. By developing a sports complex and fostering collaboration between various organizations, we aim to create an impactful youth program that benefits the US, Canada and Italy, by contributing to the success of our Serie D team."