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ALTD - Huge News, Quiet Period Over 95M Deal, 2 NYSE Companies and Now Wyndham in the Mix
PORT ST. LUCIE, Fla. , Sept. 8, 2022 /PRNewswire/ -- Altitude International Holdings, Inc.(ALTD) ("Altitude" or the "Company'), a diversified, vertically integrated holding company focused on performance-based businesses, today announced its newly formed wholly owned subsidiary, Altitude Hospitality, LLC ("Altitude Hospitality") closed several transactions related to its lease of the 216-acre Port St. Lucie, Florida property formerly operated under the name "Club Med Sandpiper Bay" from Sandpiper Resort Properties, Inc. and Holiday Village of Sandpiper, Inc. ("Property").
As previously disclosed the Company entered into that certain Purchase and Sale Agreement effective as of April 25, 2022 (the "Property PSA"), as amended, for the purchase by the Company of the Property. Pursuant to the terms of the Property PSA the Company was allowed to assign is rights under the Property PSA. Specifically, on September 2, 2022, the Company assigned to Altitude Hospitality its rights under the Property PSA and Altitude Hospitality agreed to designate STORE Capital Acquisitions, LLC, a Delaware limited liability company ("STORE") as the grantee under the deed from Sandpiper in a Purchase and Sale Agreement (the "STORE PSA") between Altitude Hospitality and STORE through which the title to the Property was conveyed to STORE through the Property PSA in a simultaneous closing. Concurrently with the sale of, Altitude Hospitality entered into a Lease Agreement with STORE for Altitude Hospitality's lease and use of the Property through September 30, 2042, with five-year extension options through 2062.
In connection with the foregoing, the Company and Altitude Hospitality secured a $15.0 million term loan from Feenix Venture Partners, LLC, a private credit lender that has previously financed the Company. Proceeds from the loan were used to fund certain obligations under the Lease Agreement with STORE and for general working capital. Altitude Academies, a wholly owned subsidiary of the Company, has been operating at the Property for nearly 13 years, which, until a recent rebranding, has been known as "Club Med Academies." The resort will operate under its new name, "Sandpiper Bay Resort, a Trademark Collection® By Wyndham." The Property will serve as the global headquarters for Altitude International Holdings(ALTD) and its wholly owned subsidiaries, including the sports academies, Rush Soccer, Altitude International(ALTD), the resort operations and the Company's other operations.
"Our new headquarters will bring together our businesses at one incredible property, creating a best-in-class global destination for our training, education, and newly acquired active family resort businesses," said Gregory Breunich, Chief Executive officer of Altitude. "We believe this strategic addition to our businesses is instrumental to our future. The ramp-up for an extensive renovation is underway with expected completion over the next two years to the 200 acres of property that features a 335-room waterfront hotel, an on-site golf course and driving range, tennis and pickleball courts, volleyball courts, soccer fields, a marina, and all the amenities of a full-service resort. The resort will remain open throughout the renovation process."
"Our long-term vision is to be globally recognized as a world-class hub for both hospitality, sports and education opportunities by incorporating and fully integrating the resort operation, our existing sports academy and a comprehensive real estate development strategy. We believe that the repositioning of the Property will allow the resort to maintain its worldwide destination status and enable the continued growth of our sports academy, which ultimately, will provide a positive economic impact to the local community and bring long-term value to our shareholders," concluded Breunich.
$vxit looks ready again
i maintain my .012-02 targets
$gtor im still accumulating
Bottom reversal candidate...
.037
EDXC News...
Endexx Significantly Expands Distribution Network and Revenue Through Acquisition of Controlling Interest in Non-Nicotine Vape Producer, Hyla
https://www.otcmarkets.com/stock/EDXC/news/story?e&id=2316831
And yesterdays...
Endexx's Blesswell Men's Premium Skincare Line Now Available at Amazon
https://www.otcmarkets.com/stock/EDXC/news/story?e&id=2315127
YCRM Links Low float at the moment 14 million
https://www.linkedin.com/company/yuengling's-ice-cream/
https://www.otcmarkets.com/stock/YCRM/security
https://yuenglingsicecream.com/
https://twitter.com/YicOnline?t=y6sB3GJ9AZ5XjyvVgOp0hw&s=09
https://www.google.com/search?ie=UTF-8&client=ms-android-samsung-rev2&source=android-browser&q=yuenglings+ice+cream
For sure and nice to see the communication starting to ramp up ~Rig
.061 close, looks sweet without all those notes eliminated. ~Rig
Sure seems like Nasdaq is getting closer and closer
Very real.
Love it !!
MONI
Saw that.
Tenants moved out from a property and was busy there most of the day.
Enjoying a cold beer atm
We’re looking great w XCRT
XCRT
EMGE, breaking out here....
should test that .016-.02 range next...
.0126 ... trading so thin now ...
EMGE, best it's looked in a while.....
SS remains the same since 8/15.....
$2 million M/C 137 million float.......
~ITOX .0049 News...
https://www.otcmarkets.com/stock/ITOX/news/story?e&id=2316297
IIOT-OXYS, Inc. Completes Proof of Concept on Aretas Sensor Networks, Inc. Indoor Air Quality Sensors and System
~AMRR $2.60 with an 8K...
http://archive.fast-edgar.com/20220907/AKBZLQ2CIC22IZZ2222E2ZZZFG8DZ2U24L42/
Item 2.01 Completion of Acquisition or Disposition of Assets
Effective August 31, 2022, American Metals Recovery and Recycling Inc. (the “Company”) entered into and closed an Asset Purchase Agreement (the “Agreement”) with Multiband Global Resources, LLC, a Delaware limited liability company, pursuant to which the Company acquired substantially all of the Multiband Global Resources LLC assets in exchange for one million (1,000,000) shares of Series A Convertible Preferred Stock of the Company, par value $0.001 per share (the “Series A Preferred Stock”) issued to the Frinzi Family Trust as the recipient designated by Multiband Global Resources, LLC. The acquired assets included one million dollars ($1,000,000) cash, certain Frontier E-Waste Recycling Contact, office lease and office equipment. One of the closing conditions was the execution of a certain trademark acquisition agreement by and between the Company and Goodman Networks Inc., a Texas corporation (the “Trademark Agreement”), assigning tradenames of “Multiband” and “Multiband Global” to the Company. The Trademark Agreement was executed on August 16, 2022.
XCRT, loving the uptick in volume and buying pressure....
Very telling!
$gtor-undervalued low float gem with news coming next week im sure
Buying continues on XCRT - looks ready to breakout in a big way.
With this MONI/BitGift Tweet (& video)...
I think these are significant achievements for MONI with its BitGift platform. I think now you can achieve the same goals for buying and selling crypto as an exchange without all of the issues of encryption security and KYC that exists with the major exchanges:
$MONI BitGift has added a major new feature which will now allow users to transfer coins from their BitGift wallet to any hot/cold wallet of their choice. Also coming soon users will be able to sell their coins directly from the BitGift website.
— MOON EQUITY HOLDINGS (@MoonEquity) September 7, 2022
$MONI - BitGift Redeem Wallet Transfer https://t.co/iUZheD7sFW
— MOON EQUITY HOLDINGS (@MoonEquity) September 7, 2022
XCRT, Beautiful!!!
$ALTD - Done Deal, 55M Property (Appraised at 80M) now owned by us.... Undervalued and Unnoticed here at this MCAP, but not for long
https://www.travelpulse.com/news/hotels-and-resorts/club-med-sells-its-florida-property-in-port-st-lucie.html
https://www.otcmarkets.com/stock/ALTD/security
All set with a nice block ~Rig
AMRR, volume coming in which we haven't seen in a long time!!!
Looks like AMRR time. Less then a million floater. Working with Trump
~MONI .0189..
tweet,
$MONI - BitGift Redeem Wallet Transfer https://t.co/iUZheD7sFW
— MOON EQUITY HOLDINGS (@MoonEquity) September 7, 2022
I added a few times, nice snags ~Rig
Added a block MRES .0264
~AIAD .0074 News...
AIAD - AIADVERTISING INC. | News | OTC Markets
Could heat up nicely as the elections near..
https://www.otcmarkets.com/stock/AIAD/news/story?e&id=2315824
https://www.aiadvertising.com/
Agree - gearing up for a big run.
.07 was on the ask for a bit yesterday.
Won't be long before we're seeing .10 in the rear view mirror...jmo
XCRT
Speaking of finding a new home ....MRES.
Time to move forward.
MRES
Agree.
JPEX shell didn't work out but Veemost is still solid and looks to be good to go now.
Good morning to you and all.
GDVM
AMRR, Incredible connections, meeting with President Trump!!!
When this goes, it's really gonna go......Just a matter of WHEN...not if.
$AMRR 3 big updates from yesterday.
-Meeting with Trump..
MBG’s CEO, James Frinzi, participated in a Texas business leader round table with President Trump & Attorney General Paxton. Topics included communications, energy, & foreign trade. We are glad to be involved in forward-thinking business discussions. $AMRR #texas #telcom pic.twitter.com/taFDOgcIso
— Multiband Global (@MultibandGlobal) September 6, 2022
AMRR MBG’s CEO, James Frinzi, participated in a Texas business leader round table with President Trump & Attorney General Paxton. Topics included communications, energy, & foreign trade. We are glad to be involved in forward-thinking business discussions. $AMRR #texas #telcom
MBG’s CEO, James Frinzi, participated in a Texas business leader round table with President Trump & Attorney General Paxton. Topics included communications, energy, & foreign trade. We are glad to be involved in forward-thinking business discussions. $AMRR #texas #telcom pic.twitter.com/taFDOgcIso
— Multiband Global (@MultibandGlobal) September 6, 2022
XCRT, heading into the .07-.10 channel next...
.069 zilch left around this level ~Rig
XCRT, Mike and the Advisory Board building it out the right way.....
Loving the dd plays, always come back stronger ~Rig
XCRT - .058 x .067 - 321K bidder! Something is up!
Welcome to " Platinum Penny Alerts "
Objective...
This site is for investors/traders who wish to share ideas and opinions about penny stocks in a responsible manner. The focus will be diversified to include; day trading, swing trading, bottom reversals, mid-term and long-term growth investing with emphasis on finding the next Platinum Penny Alerts, before the masses uncover it. Discovering one of these nuggets and accumulating a large position can be greatly rewarding while the story unfolds; holding a core position long while also maintaining some trading shares can be good strategy. One big winner every one to two years will make you more money than flipping a large number of stocks during the same time frame. There is a season for every investing style, whether it's day trading, momentum plays, chart plays or others. I personally am open to all styles of trading, but my focus for the bigger profits are mid to longer term plays qualified by thorough due diligence, growth and earnings potential, favorable share structure, minimal downside risk and an attractive chart.
Those of you who have known me a long time, realize the importance I place in picking a stock to invest in. Capital preservation and limiting downside risk are primary. Of course, there are other variables and forces to contend with , many which are out of our control, specifically dilution, credibility and the human factor as it relates to investor relations firms, ceo's and directors of companies who are just hyping their stock and may give out misleading information. Deciphering who is credible in most cases will be revealed in your due diligence process via phone calls, research and through reading the public filings of companies. Additionally, I have also relied on my instincts.
Board criteria for stocks…
For any of your ideas, please support them with some due diligence, which includes company web site links, articles, charts, press releases or whatever is appropriate for that particular pick. Please include the stock symbol at the beginning of your post. Price range is from .01 to 50.00.Sub penny plays are also welcome, but not the primary focus of this board.
~Platinum Focus Penny Picks Ideas
These are stocks we are Looking at for mid to longer term rewards.
I consider these type stocks to meet several possible criteria including: Growth/earnings potential, favorable share structure, attractive chart, relatively undiscovered, strong due diligence and minimal downside risk.
Holding a core position long while also maintaining some trading shares can be good strategy imo.
Quality Creates It's Own Demand
Some Board Guidelines...
Leave your EGO at the door.
No personal attacks.
Off topic posts-use an OT:
No Vulgarity.
No Posting Misinformation.
No redundent posting of promotional plays
No posting in Caps,Italics or Bold
No politics unless it's market related
Respect each other.
No undermining or disruptive posts.
NO SPAM OR LINKING YOUR OWN BOARD FOR DUE DILIGENCE.
Some Due Diligence tools...
GOLD Pricing live chart
http://www.livecharts.co.uk/MarketCharts/gold.php
Corporate Records Search
http://www.coordinatedlegal.com/SecretaryOfState.html'
http://www.searchsystems.net/list.php?nid=398'
*A well rounded learning site for misc questions and guidance about the market...
http://www.investopedia.com/articles/stocks/'
~All encompassing, best tools I have seen anywhere..
http://equityfeed.com/ which is now https://scanz.com/
~SEC Filings
http://www.otcb.com/index.jsp'
http://www.edgar-online.com/'
http://www.nasdaq.com/'
http://knobias.tenkwizard.com/main.php'
~Otcbb lists for symbol changes,s/8's,market stats ...
http://www.otcmarkets.com/'
~Charting...
https://www.stockscores.com/
http://stockcharts.com/index.html'
http://bigcharts.marketwatch.com/'
http://chartpatterns.com/'
~News related searches...
http://finance.yahoo.com/'
http://www.businesswire.com/'
http://www.allstocks.com/homepages/homepage6.htm'
http://www.findarticles.com/'
~Stock Scans...
https://scanz.com/
~Shell stocks link...
What is a shell stock?
http://www.shellstockreview.com/ssr-Home.html
~Exchange Listing requirements...
http://www.venturelawcorp.com/listing_requirements_amex.html'
http://www.investopedia.com/ask/answers/121.asp'
http://www.nasdaq.com/about/listing_information.stm'
http://www.nasdaq.com/about/nasdaq_listing_req_fees.pdf'
http://amex.com/'
~Form definitions...
http://www.gsionline.com/support/formtypes.html'
http://pro.edgar-online.com/help/formdef.asp'
Use all of these links as a guideline. Ultimately, your due diligence will lead you to your own buying/selling decisions. No one on this board is responsible for your financial stability or lack of it.
"Risk comes from not knowing what you're doing." Warren Buffett
Sign up for the boards e mail list by clicking the option "sign up for Rigs Platinum Penny Picks" E Mail List directly below the I Box. I realize not everyone can watch the board during trading hours, making this a good alternative for alerts on potential movers.
Lets make some money!
~Rig
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