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If their old outfit sold for over a billion this puppies just getting started.
How would that help investors exactly???
Breunich filed a Form D ~10 days ago:
https://www.otcmarkets.com/filing/html?id=16544825&guid=k0m-keMlG3GWJth
Lots of volume today!
Me too J.
See at least someone is out there and if you didn't buy that 100,000 that makes 3 lol.
It does seem like $.02 is the magical number where people aren't selling. The K looked good $12 mil but the silence is deafening!!!!!!
Hello????? Call for Mr. Breunich and the management team......we have been left on hold way too long.
I have a feeling they're working super hard behind all the silence...... I hope......
So is this the first day in how long that we had zero sells?
Getting a little more interesting
Thanks....I must have hit a filter but I couldn't see them on my boards but now I do
Last one was yesterday 13:24 EST. Nothing visible since then.
Have my posts been taken down here?
ALTD
Altitude International Inc (PK)
0.02
0.00 (0.00%)
Volume: -
Bid: 0.02
Ask: 0.021
ALTD book value from 2022 10-K:
Shareholders equity/common shares issued = $23.1M/492.2M = $.047/share
I haven’t digested it yet but 1st look I agree
They also stated that they didn’t need to share all of this information per their size of company and SEC regulations but they did in the interest of shareholders.
That was a positive 10k in my opinion.
I think it’s positive that they filed early as things are so up in air with S1
the resort was given back to the lenders, like a repo man
Nice revs though good growth
Agreed. That’s why I said 10K was important. They have been really busy.
Agreed!
Nice. Someone with you knowledge always welcome here. Lots to digest. Welcome
i am checking on ALTD
Altitude International Inc (PK)
0.019
-0.001 (-5.00%)
Volume: 175,597
Day Range: 0.0181 - 0.0215
Last Trade Time: 2:32:41 PM EDT
17 trades of 1 share each equals "action"?
If so, then yes indeed, we do have action here with ALTD. LOL
Action all of a sudden!
Leaky roof, musky smell and no tv for spring break = disaster
Agree 100%
Answer-
Cliff notes version- wait for 10 K or they speak up.
Long-winded version
As far as uplisting, we will not know until either they say something or the S-1 is rescinded. Neither has happened yet and needs to. So we have no idea on uplisting.
The next step is the 10 K audited financials. They have been early on the Q's and they can't hide what's going on there since the default happened in 4th quarter. Additionally, if the S-1 was rescinded they would HAVE to mention it in the K as it would be a material event (they 8-K'd all the filings).
I don't think management understands the damage of silence. It is better to know than be kept guessing especially in these market conditions.
Stay tuned.
So what’s next? Are we or are we not uplifting? Guess it’s time for Mngt. to speak up OM what the next steps are here!
Old Greg has experience at Bankruptcy.
Totally agree!
Yep, leaky roof got it repoed. The note holder didn’t want the property to get worse than it already is.
Not so easy when you bought a property with no money down. I agree with 90% of what you say. They got their facilities and growth opportunities but they don’t have the asset.
I agree with your thought to a point.
IBB-
Agreed. Which is why I was surprised by your take on the settlement. In this environment, it's better to secure your facility and not have the debt and still get a % of the business you bring to the resort.
Not the best result, but not bad.
With the Vix up 20% just this morning alone and the SVB news on Friday, this market is about to see the Emperor has no clothes when it comes to the banking sector. Hang on boys!
These clown had to borrow money to pay the Nate that was due, at 12%. Lol. What a disaster
Lol, the note holders are in charge. They get the cash from the credit cards. Bwahaaaaa
Yep, pure disaster
“
Pursuant to the Settlement Agreement described in Item 1.01 herein, the Company assigned its subsidiary, Altitude Hospitality, LLC, to FVP’s designee for the benefit of the Lenders. As a result of the assignment of Altitude Hospitality, LLC under the Settlement Agreement, all agreements previously executed by Altitude Hospitality were also assigned to FVP’s designee. These assignments include the Purchase and Sale Agreement with STORE Capital Acquisitions, LLC, a Delaware limited liability company (“STORE”), the Lease Agreement with STORE, and the Membership Agreement with TMH Worldwide, Inc. All related debt related (as disclosed on the balance sheet in prior filings) to Altitude Hospitality, LLC, along with the applicable recordation of assets (as disclosed in the footnotes to the consolidated financial statements in prior filings) was assigned to FVP’s designee as part of the Settlement ”
Just read the news out on the settlement.
Does the phase, bend over mean anything?
Not impressed.
K is due end of month. My guess is we should hear something soon
Agreed. That was my point. Hopefully we hear something soon
Think it’s time to address the elephant in the room, what’s going on with financing, uplifting, etc.? Our share price is suffering here!
Hoping your wrong here.
No problem. I have the data available. May as well share it.
I agree with your evaluation fully- 100%. We shall see. I hope he spent money on good attorneys too but I have a feeling he didn't. Scramble mode.
That would be nice, but let's hope they are stepping up and laying out some serious green for a "skilled" attorney who actually understands the related field as opposed to seeking "free" advice...LOL
For the first time ever I hope the CEO of a company reads this Board. IBB this is SPOT ON and my thoughts exactly. I hope he realizes the strength he has in this credit market and the fact that guaranteed income is crucial to the resort at this time. It allows budgeting.
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PORT ST. LUCIE, Fla., Jan. 8, 2021 /PRNewswire/ -- Altitude International Holdings, Inc. (OTCQB: "ALTD") announced Greg Breunich will be the new Chairman, CEO and CFO of the leading supplier of custom-built simulated altitude chambers enabling athletes to achieve highest levels of performance in training.
ALTD's prior Chairman, CEO and CFO, Bob Kanuth, will continue to be an integral part of ALTD's executive management team and will continue serving as a member of its Board of Directors.
"I greatly appreciate the opportunity and responsibility that Bob and the ALTD Board of sports luminaries are entrusting me with," said Breunich, an innovator at the highest levels of athletic performance and training. "They have created a fantastic foundation to build on, and I will do everything I can to turn our vast potential into strong results."
Bob Kanuth added, "Greg Breunich is not only a visionary but also a world-class operator and leader. We welcome Greg with enormous respect and the highest level of confidence in our future."
Breunich began his career in 1978 working with Hall of Fame tennis legend Nick Bollettieri, who trained developed and coached superstar tennis champions. In 1987, the late Mark McCormack, the pioneer of the modern-day sports marketing industry and founder of IMG's Group of Companies, purchased 100% of Bollettieri's tennis academy operations. Not long after, Breunich expanded the newly purchased academy operations into multiple sports, academic schools, high-performance training, as well as real estate development and several other related businesses. IMG Academies became known as the gold standard for training, educating, and building highly marketable superstar champion athletes along the way.
Breunich will be exploring professional sport, college, military, and high school market opportunities for ALTD, utilizing his existing businesses and his relational capital. He's considering ALTD's simulated altitude chambers for use at his current academies, both for advanced active training and preventive injury protocols. Other possible opportunities under consideration by Breunich will be the development of an "Altitude Performance" branded recurring revenue model blending ALTD chambers with sports performance, sports rehab, chiropractic modalities, and their related billable services.
Breunich from 1978-2009 created academy programs, employed and organized the teams, sourced the funding, and assembled the partnerships, while expanding the academy property from 10 acres to 500 acres. During this period, Breunich created IMG Academies' "International Performance Institute" which hosted and implemented NFL Pre- Combine position-specific training camps where top NFL prospects prepped for the Combine before the Draft.
In 1995, he established Bollettieri Sports Medicine, a multi-discipline sports rehab operation serving professional athletes and their recovery needs.
Breunich left IMG in 2009 and, for the last ten years, has been developing his next generation of Sports Academies Club Med Academies located in Port St. Lucie and the North Miami Beach Academy, North Miami Beach Florida. His combined companies accounted for several million dollars in revenues in 2019.
ABOUT ALTITUDE INTERNATIONAL HOLDINGS
ALTD provides custom-built simulated altitude chambers and position-specific protocols to its clients, which include an NFL franchise, Tulane University, and a leading high- performance treadmill manufacturer. ALTD's team of acclaimed sports scientists represent some of the world's most accomplished in the formulation and execution of cutting-edge training techniques. ALTD chambers have contributed to documented performance improvements for its clients, including the shattering of a world cycling record at Woodway. For more information about ALTD, please visit altdint.com.
SAFE HARBOR STATEMENT
This press release contains certain "forward-looking statements," as defined in the United States Private Securities Litigation Reform Act of 1995, that involve a number of risks and uncertainties. There can be no assurance that such statements will prove to be accurate and the actual results and future events could differ materially from management's current expectations. The economic, competitive, governmental, technological and other factors identified in the Company's previous filings with the Securities and Exchange Commission may cause actual results or events to differ materially from those described in the forward-looking statements in this press release. The Company undertakes no obligation to publicly update or revise any forward-looking statements whether as a result of new information future events or otherwise.
Media contact: Dilara Tuncer 941-549-3571; dilara@transmediagroup.com.
SOURCE Altitude International Holdings, Inc.
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