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Thanks
Several months ago there was an email supposedly from Zhang stating that they are getting into EV. Anyone know if that was confirmed?
Big News coming within the next few days as per tweet.
Agreed. Good opportunity.
I’ll have to take a look. But the 45 page brochure they put out about Valiant’s purpose in buying ABA stated clearly that they had 175 US teams and they are the largest sports league in the US.
They are acquiring the US league. That’s been pretty clear. It has 175 plus teams. They also plan on new stadiums etc.
I think Valiant will take ABA to next level nationally as they will integrate it into their OKTV network. National broadcasting of games along with brand new stadiums could potentially move this to near-NBA like(which btw makes billions in revenue each year).
.03...huge tweet out just before
Huge tweet out!
Almost all penny stocks have dilution. Otherwise they wouldn’t provide the opportunity to buy them so low. Although I would hope they do address it eventually and I’ve sent investors relations some questions regarding this specifically. I also asked them to be more transparent regarding ABA so hopefully we see some improvement in this as well.
We all know that if and when ABA goes through that this has significant potential to really move. Think about owning the NBA or NHL in its early stages. This may not be that caliber but then again perhaps one day it does get there.
PSRU...0224...acquiring American Basketball Association. They have 175 plus teams and PSRU is looking to revamp the league and make it similar to NBA.
PSRU...0224...acquiring American Basketball Association. They have 175 plus teams and PSRU is looking to revamp the league and make it similar to NBA.
The NBA makes billions in yearly revenue. If they could even make a fraction of what the NBA does they will have a significantly higher market cap than what it is at currently.
ALPS gone. Wasn’t much to begin with but glad to see they move easily. Time to move up.
I agree. Its clear from the 40 plus page brochure that they have had this planned out for awhile. Securing the funding always takes longer than expected but I suppose we will hear from them soon. Hopefully next week.
Pursuant to the previous press release regarding the share option agreement signed by Valiant Eagle for the acquisition of majority control of the American Basketball Association, Xavier Mitchell states, We have signed a Memorandum of Understanding with a group that will provide funding for us to acquire majority control of the American Basketball Association.
VE's new project, as does the ABA's venue initiative, aims to create new jobs in all communities and build in low income and high unemployment areas. The Valiant Eagle Arena will be the deluxe version of traditional ABA venues, that will provide 2500-3000 seats and are intended to host ABA professional basketball, concerts, seminars, and a variety of indoor sports and activities.
"Sports is, no doubt, a crucial part of today's modern society," stated VE CEO, Xavier Mitchell. He continued, "hence, the demand for luxurious sporting facilities is of utmost importance. Valiant Eagle and the ABA strive to offer fans with an unparalleled sporting experience and we hope to start by building a state-of-the-art Valiant Eagle Arena as part of the ABA's venue building program. The first location is yet to be determined. Our first venue will be composed of two levels. The upper level will be comprised of luxurious premium box seating with several amenities added including giant screens, all-inclusive bathrooms and spacious locker rooms for coaches and players as well as a restaurant and offices and a VIP Club. The lower level will include the floor, stages and additional seating. The Exterior Patio will be open to meet-and-greet activities prior to the shows and sports events. Through a series of design studies, our team will collaborate with the best architects, planners and designers to design the Valiant Eagle Arena. We are very eager to make this project a reality."
PSRU....0208.
Thanks. Looking forward here.
The ABA will try to follow in the NBA’s footsteps:
https://www.investopedia.com/articles/personal-finance/071415/how-nba-makes-money.asp
Catalysts:
1) ABA acquisition. 175 plus teams and Valiant will likely be rebooting this historic league to follow in the steps of the NBA. I expect OKTV games on national level.
2) 50 mil float- way undervalued on this bottom play
Yup. Finally some decent movement. Plenty of room to move with huge acquisition hopefully happening in near future.
PSRU...0168...huge find... https://filedn.com/lN4uyGpr8nALYGHGNsrtrTz/aba_VE%20Deck.pdf
There’s a ton of data in that document which lays out their intentions to turn this historic and current 175 team basketball league into something far more dynamic , national and profitable. What’s clear is also a plan to use their TV network to promote this league and take it to the next level. It may not be the NBA but anything closely resembling that is tremendous for this small company.
Hopefully the deal will be finalized soon. This document clearly illustrates that they have major plans for the ABA. It looks like they want it to be the next NBA and they will use their TV network as a perfect synergy between the two companies.
PSRU .0168 Huge! This is who they are acquiring: https://filedn.com/lN4uyGpr8nALYGHGNsrtrTz/aba_VE%20Deck.pdf
This absolutely huge! https://filedn.com/lN4uyGpr8nALYGHGNsrtrTz/aba_VE%20Deck.pdf
Certainly a buyer out there. Calm before the storm.
Nice DD! Thanks for putting that together!
50 million float. Low floater. Could move easily on upcoming news and volume imo
PSRU SECURITY DETAILS
Share Structure
Market Cap Market Cap
1,524,514
01/14/2021
Authorized Shares
5,000,000,000
01/15/2021
Outstanding Shares
91,015,784
01/15/2021
Restricted
40,101,702
01/15/2021
Unrestricted
50,914,082
01/15/2021
It makes sense to me as that would be the perfect synergy to their existing business. We shall see
Do you think they’ll air ABA games on the OKTV Network? If momentum picks up that could be a huge revenue source via advertising.
Yup! Looking forward!
Wow! Nice DD!
PSRU.....Hopefully ABA news very soon based on last weeks PR. Funding/Completion