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You forgot
9) Altitude Tennis
10) Altitude Golf
11) Altitude Volleyball
And you are right more to come…. Basketball, Swimming and possibly Sailing. WOW
Things that make you go HMMMMMMM
An OTC company with the following 8k'd partners
1) STORE (NYSE STOR)- funded acquisition of Club Med
2) Wyndham Hotels (NYSE WH)- The operator of this resort and receives license fees of gross sales from ALTD.
3) Joakim Noah, Yannick Noah, Denny Green- All advisory Board members
4) Orlando Magic, Miami Dolphins and Tulane University all purchased the Altitude Chambers from this company. 8K'd and stories and pictures in the press. They are part of the showpiece Advent Health Center with multiple stories recently released.
5) US Military purchases machines manufactured by Altitude Water. Third-party verification.
6) Rush Soccer- the largest Soccer Club in the WORLD partnered with Altitude and now has its global headquarters at the Altitude resort.
a. Also selling the education program to its clubs.
b. Capelli Sports
7) 360 Player partnered with Altitude for the platform for Rush Soccer- https://www.otcmarkets.com/filing/html?id=15943819&guid=a-w-kqpWCxaFJth look at the Clubs they work with,
"On July 6, 2022, the Company executed a Platform License and Development Agreement (the “Agreement”) between 360Player and CMA Soccer, LLC (“Rush Soccer”) for the use of a Rush Soccer branded platform for the onboarding of Rush Soccer clubs, coaches, staff, players, club management, and parents and the payment of fees through the platform. The private label platform will include content, modules, sponsor offers, advertising, payments and membership management, club rostering for Rush Soccer members. The term of the Agreement is through December 31, 2027 unless terminated sooner or extended as provided in the Agreement.
Rush Soccer is the largest soccer club in the world with over 100 soccer clubs in fifty countries with over 45,000 players."
Look at the Clubs they deal with- https://en-us.360player.com/
9) EF Hutton is the Investment Banker of this company- https://www.otcmarkets.com/filing/html?id=15785074&guid=a-w-kqpWCxaFJth and bringing them onto NASDAQ.
If any OTC company had just 1 of these associations the Twitter and groups would be blasting this and getting behind it. Oh yea just 36,000,000 shares in the float. A $16 million market cap. It ran to $.80 without any of these facts.
I'd be telling my friends about this IMHO.
Golfer
Pleasure to meet you. Spot on again!!!!
You have been watching a long time. Excellent and IMHO accurate recap.
007-
Agreed my friend. End of the day over 250,000 shares bidders are nice. Liked the way they trade too. Take out the offer in the morning. Let the sellers come to them on bid midday. When it's quiet hit the offer again. Smart.
Not sure the quiet period is quite over yet. I think it relates to the S1/NASDAQ uplisting but this was such a material event and a big deal they had to.
I see they have the school open at Rush Hawaii with the curriculum- https://rusheducation.org/hawaii-rush/
Here is the curriculum- https://docs.google.com/document/d/17tgzCtTNu_GksFYOlsXeRn56_I08Zo8-v10z27kFqzE/edit
My point is they haven't announced it but good DD finds it.
Anyway have a great weekend as well.
And the showpiece going into Sandpiper Bay Resort. Yea things are coming together.
Look what Rush just posted on Twitter-
#DidYouKnow Rush Soccer provides a schooling system?
— Rush Soccer (@RushSoccer) September 9, 2022
Rush Education brings Academics together with Soccer training, creating a comprehensive player pathway for its athletes. @ALTDacademies
Visit us at https://t.co/U0s939L4vC to learn more today!#RUID 💙 pic.twitter.com/V92aC5Vi56
ALTD - The Facts and Why this is Such and Amazing investment
1. 10Q audited shows $10 million in revs and 52% increase for 3 months year over year. 33% growth year over year. https://www.otcmarkets.com/filing/html?id=15977946&guid=a-w-kqpWCxaFJth
2. Put together a $95 million deal when real estate is weak and during a time interest rates rose 175 basis points with two NYSE firms- Store (STOR) and Wyndham (WH). https://www.prnewswire.com/news-releases/altitude-international-holdings-secures-world-class-property-for-global-headquarters-301620878.html
This resort did $39 million in revenue last year.
a. $55 million purchase of property appraised at $90 million- yes you read that right $90 million
b. $25 Property Improvement Program to the rooms and other sports-related needs (more soccer fields, improvement to the golf course, basketball courts for new Academy, etc) and able to do development of property and marina- houses for the families of the athletes like they did at IMG.
c. $15 million Working capital reserve fund from Feenix which has funded them before.
Note- I'm going to trust the DD of those companies. This deal was signed April 25 and took 5 months to close. I would say EXTENSIVE DD was done by these companies of the business model and property when they are putting up $95 million.
3. Largest Soccer club in the WORLD Rush Soccer https://rushsoccer.com/ partnered with them- I'd trust their DD too. Potential schools at their clubs (with education today more families are looking for alternatives). Rush is so active on social media and marketing the school and the Programs
4. EF Hutton- They are the Investment Banker who filed the S-1 and uplisting to NASDAQ. Now they get involved with raising the money to take out some bridge loans in this deal and uplist the Company to NASDAQ. https://www.otcmarkets.com/filing/html?id=15785074&guid=a-w-kqpWCxaFJth
6. All of the revenue goes to $ALTD from the hotel. How do we know this? Look at the Wyndham contract. $ALTD pays them a percentage of the revenue. Simple. Also, $ALTD saves $1 million they were paying Club Med as they now own/operate the property. They are paying themselves
7. The IR Firm MZ Group - https://www.mzgroup.us/testimonials/ If Hutton is gone why use a firm they work with on their underwriting? Look at their client base. Do you think they would represent a stinky-pink or a company that is represented by NYSE and NASDAQ companies? They are not going to risk their reputation for 1 paycheck. In IR your reputation is everything.
8. Finally let's do a miscellaneous tab of various other subsidiaries-
a. Altitude Wellness Centers- With the purchase of the property they will be able to install the wellness center with Altitude Chamber, Cryo, Hyperbaric Chamber, Infrared Sauna, and other health benefits that will be open to the public and also facilitate Chamber sales.
b. Altitude On-Line Learning- This subsidiary is set up for a reason
c. Altitude Water- With the crisis in the water sector this subsidiary is in a perfect place to capture the market.
d. Adding Academies- Now can add basketball, swimming, sailing, arts, music, etc
e. Training facility for sports teams and clubs- previously they could not work with Club Med and only brought 5 soccer clubs- Washington Spirit, FC Miami, and three South American soccer clubs. Now the sky is the limit.
Don't think these companies that put up $90 million didn't do DD on all of this.
Finally a stinkypink doing what 1,000s of companies have promised but never achieved. And its all in an 8K- not a PR. Congrats $ALTD
IBB
I don't think he pulled it... it is just covered up as GTSM is high bid at $.0406 and the bidder had raised it to $$0395 and he was always bidding through GTSM. This happened a couple of times yesterday when retail went above him too.
On a property that does $39 million in Revenue.
Agreed.
Glad you waited.
A joke and gross misrepresentation.
Show me where EF Hutton walked.
It's called financing a $90 million deal
So all of these Wyndham and other hotels aren't legit because they pay a license fee. Wyndham is on the NYSE with the largest portfolio of hotels in the world and you describe it as pimping rooms.
You're so right. I thought it would be fun to place a wager while we wait and all I got was threatening PMs. Just going to ignore and deal with facts because remember these were tired old athletes pumping this stock that had nothing. Now what do we have-
1. 10Q audited shows $10 million in revs and 52% increase for 3 months year over year. 33% growth year over year.
2. Put together a $$95 million deal when real estate is weak with two NYSE firms- Store (STOR) and Wyndham (WH).
a. $55 million purchase of property appraised at $90 million
b. $25 Property Improvement Program to the rooms and other sports-related needs (more soccer fields, improvement to the golf course, basketball courts for new Academy, etc) and able to do development of property and marina- houses for the families of the athletes like they did at IMG.
c. $15 million Working capital reserve fund.
Note- I'm going to trust the DD of those companies rather then someone who talks in 1 sentence jibberish and history shows all he does is bash on all the boards he posts on
3. Largest Soccer club in the World partnered with them- I'd trust their DD too. Potential schools at their clubs (with education today more families are looking for alternatives)
4. EF Hutton- they have not left the building. They are the Investment Banker who filed the S-1 and uplisting to NASDAQ. Now they get involved with raising the money to take out some bridge loans in this deal and uplist the Company to NASDAQ. Where does it say they left the building? Did they rescind the S1 they are the underwriters on? No didn't think so. Fake news.
5. So when you buy a house or car and finance it- who is on the title until you pay it off? You guessed it the finance company. Same here. Look at the lease- 40 years. $ALTD has control of the property and is paying it off. You have to understand REITs and the structure.
6. All of the revenue goes to $ALTD. How do we know this? Look at the Wyndham contract. $ALTD pays them a percentage of the revenue. Simple.
7. The IR Firm- If Hutton is gone why use a firm they work with on their underwriting? Look at their client base. Do you think they would represent a stinky-pink or a company that is represented by NYSE and NASDAQ companies? They are not going to risk their reputation for 1 paycheck. In IR your reputation is everything.
Finally a stinkypink doing what 1,000s of companies have promised but never achieved. And its all in an 8K- not a PR. Congrats $ALTD
Agreed
Faith-
Like a fine wine, you get better with age (and wealthier looking at the way $XCRT is trading). I say that because I remember that show airing after All in the Family (a spin-off actually) so you are in good company lol!!! Both would be canceled today and never aired.
Bottom line is XCRT is getting better with age as well. Continuing to build a solid foundation.
I'm guessing in the next two months. The S1 goes with NASDAQ uplisting. That is the reason for the potential reverse.
A couple of nuggets. They hired a high-quality IR firm. How do I know? Look at the bottom of the press release. The minimum companies they represent are NASDAQ and FedEx and Cisco their clients. Look at the testimonial page- https://www.mzgroup.us/testimonials/
Two NYSE companies STOR and WH partnered with this little OTC Company. How many do you see that happen on OTC? Like you said IBB these big deals take time to release. Both companies had to sign off on the 8-K and PR.
Not just a $55 million purchase but $25 million in renovations. Can you say Altitude Chamber there, wellness, etc.
I like my DD sometimes but I love when two NYSE companies are willing to put their name and $95 million dollars into the project and a company with only a $14 million market cap.
BOOM! 8-K filed. $95 million deal. $55 for purchase. $25 for renovations. $15 million reserve fund. Two NYSE companies in the deal- STORE Capital a REIT that did $80 millionNYSE) and Wyndham (NYSE WH) granted the property a license and they are managing it. Finally, Feenix did the other $15 reserve money.
100s of pages of contracts to review but looks great on first look. Oh, yea Wyndham is Managing property and is now part of the Wyndham family. "Wyndham Hotels & Resorts, Inc. is an American hotel company based in Parsippany, New Jersey, United States. It describes itself as the largest hotel franchisor in the world, with 9,280 locations."
Imagine that data base of customers.
Nice close too. Looks like MM's looked to shake the tree early.
Agreed my friend
I guess no wager. Then why are you here?
Pepeoil Just to clarify....by the end of the day on Friday . They have this week. If by 6 pm no 8K. You still haven't said whether you accept. You have to accept and agree to not post anymore if they do. This isn't a silent acceptance. LOL
The clock is ticking to take my bet pepeoil. Are you game? Or are you just waiting to see my prediction come true?
Spot on. Yea I was talking about the recording and government people. I'm sure the people at Altitude were working.
Actually Tuesday as Monday was a holiday.
Ok I’ll make a wager on it. If they don’t post the deal is done by Friday I’ll never post on this board again. If they do you don’t post again. Deal?
Always do lol
Also, they have been increasing revenues on their SEC filings. The Rush deal has significantly increased their bottom line. If you look at the CEO updates Greg Breunich has methodically been achieving the goals he set out.
You continually referred to this as a "turd". Turds don't increase revenue and acquire a $55 million property.
That's all I'm saying.
Agreed we need the details but previously you have been posting that it's just failed athletes pumping the stock. There is obviously meat here as you do not buy this type of property without extensive DD.
This all goes to the team Greg has put together but we know the following players are involved in releases and stock issuance-
1. EF Hutton
2. Feenix
3. Hospitality Funding
My point is you don't do a $55 million acquisition with fluff. Yes, the details of the deal are always important but extensive DD had to be done with some big, substantial players in this market to accomplish this type of transaction.....agreed?
Believer now?
That's only one parcel as it's only 96 acres. The entire Sandpiper Resort for Club Med is 216 acres.
I know the bigger deals take time to post especially if multiple lenders, etc.
The bottom line is last night was the closing party for Club Med. If you call for reservations they tell you it's closed and tries and get you to go to another resort. If you tell them you want to stay at Sandpiper they give you a number to call Altitude.
I'd say it's done. We will get verification soon enough I imagine.
Yea- Mike seems like he has a specific game plan that he is executing and it sounds awesome. Plus he has done everything he has said in past.
Great find.
I don’t know how quickly sales get posted on those so I don’t know. I do know if you call Club Med to book after September they refer you to Altitude.
You miss us
Welcome Mick-
Haven't seen you here before but can see you are a long-term IHubber by your Grandfather Icon.
Lots of DD on this but happy to have new eyes here.
We did just break $.04 and you called it.
I see that they just posted a Water Warrior post with Joakim's Mom as a Water Warrior. Things must be heating up. With all of these financing teams to the table with the property it is natural to lease or rent them.....or just sell the water.
IMHO smart buy. Can you tell I'm excited? Took the day off to research and be on guard.
Just saw this article on the opening of the Orlando Magic AdventHealth Center opening today-
https://www.nba.com/magic/news/orlando-magic-and-adventhealth-unveil-state-of-the-art-adventhealth-training-center-20220831
It mentions the Altitude Chamber
"The Magic’s portion of the center is designed to optimize performance and provide world-class recovery space. A large team "family room" acts as the facility’s hub, complete with enhanced nutrition offerings and a full kitchen. The facility also includes two full-size courts overlooked by an elevated viewing balcony. Leading training and recovery technologies, including an altitude chamber and hydrotherapy offerings as well as an expansive locker room with high-end finishes, will elevate the player experience."
Should be seeing some stuff on this soon.
We DO know what we own.....as evidenced by the great posts.
To I'll be back's post I looked at the Altitude Water Website. It's been upgraded to 360-degree photos of the machines. Check it out
https://altdwater.com/the-product/
The trading looks solid. Mostly ask slaps today and the bid is back at $.0381.
Could be a perfect storm brewing. While others in OTC are chasing stocks with no revenues and market caps of $26 million and a Billion shares in the float. I'll be patient with a company in a quiet period with Revenues matching Market Cap and only $36 million in float.
They have 3 days to 8k it so latest Monday but I will be checking the local papers to see if any stories are written.