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Shula's Steak House + HOFV
Shula's Steak House - HoF Coach Don Shula restauraunt chain.
"It is believed to be the first retail establishment to commit to locating inside the Hall of Fame Village. It already operates a restaurant in Disney and has a 48 oz Porterhouse Steak Challenge.
https://www.cantonrep.com/article/20150519/NEWS/150519229
Hall of Fame Experience in Las Vegas ! HUGE NEWS !!!
"The future of sports is bright for Las Vegas. The City of Sin is quickly becoming the City of Sports."
"Our city is home to the NHL, WNBA, and now the arrival of the Raiders, the NFL.
"Uniquely suited to become the Sports capital of the World".
"It will be the only major sports hall of fame facility in Las Vegas, and will serve as a gateway to entice visitors from all over the world to come to Canton for the 'Full Experience'".
https://www.hofexperiencelv.com
Video Explanation: https://www.facebook.com/longitudebranding/videos/2446872098920748/
Restaurant Entrance: https://www.hofexperiencelv.com/img/03.aadb063b.jpg
Billionaire Warren Buffett at Hall of Fame Village
Shot a fun interview today for the NFL Hall of Fame with Warren Buffett. He suggested to buy now on Most Media. So investors, please contact me directly and get in before the IPO.
Warren Buffett asking if I could "knock on his door" to be in the Pro Football Hall of Fame. He says he's ready for his Bronze Bust but that that the NFL discriminates against players over 80 years of age. He loves football and he's a real hoot!
https://www.facebook.com/1519899471626391/posts/shot-a-fun-interview-today-for-the-nfl-hall-of-fame-with-warren-buffett-he-sugge/1751422168474119/
Billionaire Warren Buffett at Hall of Fame Village
https://www.cantonrep.com/news/20170804/billionaire-warren-buffett-serenades-gold-jacket-dinner
Complete Summary on HOFV !
Hall of Fame Resort & Entertainment Co
Ticker: HOFV - NASDAQ
Hall of Fame Village: the owner of the multi-use sports, entertainment and media destination centered around the Johnson Controls Hall of Fame Village’s campus in Canton, Ohio. The Hall of Fame Resort & Entertainment Company is poised to produce substantial growth by combining an experiential, sports-themed destination resort with our direct access to one of the world’s largest collections of football memorabilia, which presents tremendous opportunities to engage football fans around the world
Management:
Experienced executives from Walt Disney, Four Seasons, Two Bit Circus micro amusement parks, Great Wold Resorts, Super Bowl Advisory Committee, NFL Foundation Board, Cruise Lines, House of Representatives, Realty Groups, and more.
They are stacked with individuals that have the expertise to carry out the vision in every growth vertical.
Names include: Mike Crawford, Michael Levy, Michael Klein, James Dolan, Stuart Lichter, Kimberly Schaefer, Mary Own, Karl Holz, David Dennis, and more.
Mike Crawford (CEO)
Former Sr. Executive at Disney and Four Seasons.
Led the Disney design and development in Orlando, Anaheim, Tokyo, and Shanghai
Michael Levy (President of Operations)
Mr. Levy brings over 30 years of sports and entertainment management expertise to the Company, developed through extensive experience working with 11 professional franchises, 11 facilities and 10 sports leagues, including the NBA, MLB, WNBA, NFL, AFL and NHL
James Dolan (Director)
GPAQ CEO
Michael Klein (BOD)
CEO of Churchill Capital Corp II (SPAC)
Kimberly Schaefer (BOD)
President of Two Bit Circus - micro amusement park focused on social interactions using the latest technology and gaming.
Ex-COO of Great Wolf Resorts water parks
Mary Owen (BOD)
Super Bowl advisory committee
Board of NFL Foundation
Board member for Chicago based sports and tech firm
Karl Holz (BOD)
Sr. Executive of Disney
President of Disney Cruise Line
Responsible for growth beyond theme parks
David Dennis (BOD)
Previous CFO of the U.S. House of Representative
Notable Links:
Mark Bezos (“He’s helping build the media element of the Village”)
Mark is a firefighter and also on the Media team for HoFV. Is it a coincidence that HoF is helping the local firefighters or is it a “you scratch my back I’ll scratch yours” scenario to leverage Amazon?
Bezos has been traveling to Los Angeles for the media company and has spoken with “A-list” celebrities, producers and content-creators about ideas. He said “the interest has been fantastic” and the phone calls he makes on behalf of the Hall get returned.
Warren Buffet (Ballboy for Redskins in 1944 @ 18:45)
Buffett wearing shoulder pads @ HoF
Interviewed with David Baker @ HoF. Trying to find interview link.
Jeff Bezos (Bezos also has some NFL ties of his own. For one, Amazon just spent $130 million to purchase the streaming rights to "Thursday Night Football" in a deal that runs through the 2019 season. Also, it's probably worth noting that Cowboys owner Jerry Jones would love to see Bezos become an NFL owner one day)
Partnerships/Sponsorships/Acquisitions:
NFL Alumni Association
The partnership will enable the NFL Alumni to locate their NFL Alumni Academy complex and its related facilities and projects at the Johnson Controls Hall of Fame Village campus.
The NFL will invest up to $10 million in a mixed-use development neighboring the Pro Football Hall of Fame in Canton, Ohio.
The Crown League (Fantasy Sports)
Caesar’s Palace & El Dorado Resorts (William Hill to take on Caesar’s Sports Books)
Hall of Fame Themed Vegas Hotel
HALL OF FAME EXPERIENCE LAS VEGAS
Video Explanation
“The city of Sin is quickly becoming the city of sports”
“The future of sports is bright for Las Vegas”
“Our city is home to the NHL, WNBA, and now the arrival of the Raiders, the NFL”
“Uniquely suited and ready to become the Sports capital of the world”
“Who knows, you may even see a Gold Jacket while you’re there”
The Pro Football Hall of Fame Restaurant Experience will bring the honor, history and prestige of the Hall of Fame in Canton to the over 42 million visitors and 2.2 million residents of Las Vegas.
It will be the only major sports hall of fame facility in Las Vegas, and will serve as a gateway to entice visitors from all over the world to come to Canton for the full experience.
42M Annual visitors to Las Vegas
Entrance to Restaurant
Shula’s Steak House: HOF Coach Don Shula’s restaurant chain. Shula’s Steak House is believed to be the first retail establishment to commit to locating inside the proposed Hall of Fame Village. Already operate a restaurant in Disney. + 48 oz Porterhouse Steak Challenge
The NFL: The N.F.L. has also been an enthusiastic supporter of the Pro Football Hall of Fame Village. Goodell is good friends with Baker, who was formerly the commissioner of the Arena Football League, and has said he wants the league “to play a role in how this comes out.”
Constellation
Pepsi
Zenith
TurfNation
ASM
Texas Roadhouse (potentially)
The Destination:
NFL HoF Museum
HoF Gallery, Lamar Hunt Super Bowl Gallery, “A Game for Life” Theater, Pro Football Today Gallery, Hunt/Casterline Pro HoF Card Collection, HoFer Lockers, NFL’s First Century gallery, Black College Football HoF, etc
#1 Sports Museum in America (USA Today)
To be the first sports museum to be accredited by the American Alliance of Museums
Viewed as the Mecca or Holy Grail of Football
“A Game for Life” Holographic Theater
Tom Benson Hall of Fame Stadium
20,000 seat stadium w/ 28,000 sq ft of event space with unique catering options
One of the Forbes “13 Game Changing NFL Stadiums”
Permanent Stage, Rooftop Deck, Cabanas, VIP Loges
highlighted by the refurbished 23,000-seat stadium (with three giant HD LED screens), The Pro Football Hall of Fame Museum, indoor performance center, annual enshrinement festivals, training facilities, a four-star hotel, residences, a youth sports complex, a Disney-style Main Street, a fan plaza, and NFL Family Experience
Hosts Ohio State Football Championships
NFL HoF Game & Enshrinement Weekend Concert for Legends (CFL)
Stadium programming is diversifying and accelerating
ASM Global to manage Tom Benson Hall of Fame Stadium
National Youth Football & Sports Complex
Eight (8) advanced turf fields equipped with the latest tech and video capabilities
All fields can accommodate a multitude of sports including: football, lacrosse, rugby, and soccer.
5 fields today (3 being added with Phase 2)
Driver of Multi-day attendance
Expects to draw 200K athletes and their families annually
50% Out of State Attendance
OPPORTUNITY TO PRODUCE EXCLUSIVE CONTENT FROM TOURNAMENTS AND CAMPS.
Youth Sports is a $15B Industry
We have also purchased 100% of Youth Sports Management LLC, which organizes and manages youth sporting events and programming
World-Class Amenity Sports Complex
Football-sized concourse area, championship field w/ 3,000 seats
Among the technological capabilities will be the ability to watch a youth athlete on a live stream and isolate and follow them with the camera.
Hall of Fame Promenade
Unique offering of restaurants and retail
“There’s twice as much retail interest as there is space.”
“There’s won’t be anything ordinary like you’d find everywhere else,”
“World’s Greatest Sports Bar”
Two-level venue will combine traditional sports-bar elements, a high-tech spin on Dave & Busters, a quieter wine-bar area and a children’s area. An outdoor section will include a large-screen TV for game viewing and permanent food trucks.
Five suites available for rental will simulate — through seating, sound and video on walls and ceilings — the experience of actually being at the sporting event being watched.
“I’m hoping the bar will be one of the first things to open at the village,” Lichter said.
Hotel & Conference Center
180-room sports themed, upscale boutique hotel
5,000 sq ft of ballroom space and separate meeting spaces
“This final design concept is consistent with the goal of making Hall of Fame Village world class. This hotel will be extraordinary and unlike anything ever created”
The world-class design also includes high level technology and guest rooms themed in football. The hotel features a two-story “Commissioner Suite” at the peak of the property. The restaurant will include a large operable wall that opens to a view of Hall of Fame Village’s “Main Street” that will be home to retail, restaurants, office space and residential.
Door handles for the rooms will be made of football leather, and when you grab the handle you'll feel the laces as if you're gripping a football. Based on your preferences, the hotel room will be branded for your team and includes a closet that looks like a locker and features like a television embedded in the bathroom mirror.”
Hall of Fame Waterpark
85,000 sq ft indoor sports themed water park
Technology driven
Expected to drive 25% of destination revenue by 2025
Constellation Center for Excellence
75,000 sq ft office & retail building
Will be the home to: Coaches University, Institute for Integrity of Officiating, Academy of Corporate excellence, and Center for Athletic Performance & Safety (care, wellness, rehab, research and safety)
The funding is provided through Constellation’s Efficiency Made Easy program, which will give the Village upfront access to money for energy projects and the Center for Excellence. The financing method is less costly than a construction loan, Village CEO Mike Crawford said.
The Center for Performance:
One of the eight main parts of the HOF Village — and that it will be spearheaded by the Aultman Health Foundation.
138,000 sq ft facility
50,000 sq ft indoor fieldhouse/convention space that can accommodate up to 4 full-sized basketball courts.
To host the NCAA Division III Men's Volleyball Championships in 2022
Player Care Center
Partnership with NFL Player Care Foundation (PCF)
Sports care & rehab
Legend’s Landing is a Football themed independent and assisted living active senior care facility for retired Hall of Famers.
five to 10 groups have already shown interest in operating the facility known as Legends Landing
Black College Football Hall of Fame
Permanent home to share history and stories of greatest Black colleges, universities, players, coaches, and contributors.
Signed 3-yr deal to host BCHOF/HBCU Classic - to continue past 2020
Annual Induction
Non-Destination:
Content & Media
Exclusive Access to 50M PFHOF Archive Documents
50M pieces of photos, videos, and documents
PRODUCE EXCLUSIVE FOOTBALL FOCUSED PROGRAMMING
ANTICIPATION OF NFL’S 100TH SEASON FOR A 10-HOUR DOCUMENTARY CALLED “FOOTBALL IS AMERICA, AMERICA IS FOOTBALL”.
Content Distribution
Feature Films. Primetime Television, Family Shows, Kids Programming.
Content across channels: National broadcasts, streaming services, digital and social media
BUILDING A WORLD CLASS MEDIA TEAM TO CAPITALIZE ON CONTENT FOR ADVERTISEMENTS AND SPONSORSHIP REVENUE.\
Bezos has been traveling to Los Angeles for the media company and has spoken with “A-list” celebrities, producers and content-creators about ideas. He said “the interest has been fantastic” and the phone calls he makes on behalf of the Hall get returned
“(Crawford) believes the ‘interesting intellectual property’ exclusively available to them PROVIDES AN OPPORTUNITY TO BUILD A MEDIA GIANT that can eventually power the physical destination—much like The House of Mouse has done.”
Fantasy Sports (THE CROWN LEAGUE)
CRAWFORD EXPECTS THE CROWN LEAGUE TO BECOME A SIGNIFICANT CONTRIBUTOR TO THE COMPANY’S REVENUE AND EBITDA LINES WITHIN THE NEXT HALF DECADE.
By professionalizing fantasy sports and selling team shares to the public, The Crown League is creating the first pro sports team investment opportunity for the average fan.
Twelve teams in twelve major U.S. markets: Atlanta, Chicago, Denver, Florida, Las Vegas, Los Angeles, New England, New York, Philadelphia, Seattle, Texas, and one more coming soon.
offer a premium fantasy football experience to consumers and sports fans everywhere
feature access to many of the best football players of all time
The Crown League said it modeled itself after the Green Bay Packers
“CRL intends to allow public ownership to create more than symbolic financial value by providing a platform and marketplace for the monetary redemption of franchise shares”
Just like the NFL, The Crown League employs a keeper/dynasty format to build long-term value and fandom - after the initial draft, the following yearly drafts will only be for free agents and rookies.
Shareholders have voting rights and profit sharing
After the deal closes, The Crown League will rebrand with a yet-to-be-released new name
Utilizes blockchain technology for irreversible ledger
Scheduled to launch in 2019, but was postponed for 2020 due to the merger.
Awaiting NFL season restart
eSports
Webinar Link (synopsis below)
“We're a sports and entertainment content development company that is going to create experiences across multiple platforms to engage Our guests”
“E-Sports represents a significant pillar and revenue driver for us”
“We literally host hundreds of thousands of e-sports participants and family members coming to Canton to play championships and regional tournaments.”
“We host these tournaments across the country and even Mexico as well”
“Off-site asset creation as a vertical for growth as well... One of those assets we’re creating does allow for a purpose built gaming destination”
“We think about the HOF in a context that is very broad”
“We have a youth sports program that youth football championships are the equivalent of the little league world series, so a lot of potential for sponsorship growth there”
“We are developing scripted and non-scripted shows...We’ve entered into great production and distribution partnerships with some really high profile companies”
“We think that allows us the chance to start producing and televising or streaming e-gaming tournaments”
“Acquired a fantasy sports league called the Crown League, we are in the process of reimagining and rebranding what that league is.”
“And so now all of a sudden, you have an ecosystem in fantasy that gives you access to some of the greatest players to ever play and some of the greatest fantasy players and you can create teams and give input to how that league is run, how your team is run. And you can imagine sports betting becoming a part of that and gaming becoming a part of that vertical as well.”
“We are talking about off site asset development think Pro Football Hall of Fame, restaurant and bars that are purpose built that have designed elements around e gaming and fantasy and potentially sports betting where they're allowed.”
“we have the chance here to really with our operational capabilities run very high profile, sports betting and gaming and fantasy sport facilities in every NFL major franchise city”
Ability to host E-Sports tournaments
Sponsorship revenue
Broadcast revenue
Ad revenue
Merch revenue
Ticket revenue
Sports Betting
Ohio Sports Betting Bill (HB194)- passed House 83-10 in favor, waiting on The Senate.
The House bill says the Ohio Lottery Commision would regulate. The Senate says The Casino Control Commission should regulate. Waiting on Senate decision.
The Ohio House bill would legalize sports betting at the state's four casinos, at seven horse racing tracks called racinos, and online via mobile apps and kiosks at fraternal and veterans organizations with full liquor licenses.
Caesar’s Palace
Take advantage of Caesars Sportsbook Platform.
Caesars acquired by El Dorado (To divest SportsBook to William Hill per FTC)
William Hill to take over sportsbook operations
the company will create a new sports betting app for Caesars, which is currently Caesars Sports. The new app will be called Caesars Sportsbook by William Hill
The new Caesars app will be different from the existing William Hill app
William Hill would like to begin operations of all Caesars sportsbooks by the end of July or the beginning of August
NFL Themed Hotel in Las Vegas
On-Site & Off-Site partnerships
Franchises NFL-themed restaurants as a platform for Sports Betting
Mike Crawford is on the BOD for Texas Roadhouse
Miscellaneous
2.1M float (insanely low float allows parabolic price action with volume)
Mike Crawford is also on the BOD for Texas Roadhouse - with rumors to utilize their hundreds of chains as a place to conduct off-site revenue with sports betting.
Nearly half of all NFL franchises are within an 8-hour drive
The village is situated to address Midwest shortages of themed attractions
Historically, sponsorships have contributed approximately $6 million annually to HOFV’s revenue. That number is projected to climb to between $20 million and $25 million within the next half decade as the company puts on more events.
A quarter of the spend on the new project will be on technology. Wearable technology will allow you to know when you're ready to queue for a specific experience and even allow you to geotag family members so you know where everyone is at all times.
Drone Flyover (1 month ago)
Goal Posts as Power Lines around the destination
David Baker explains the destination of the Hall of Fame Village
HOFV is an economic engine for Ohio
13,000 jobs created
“What’s happened so far is just the tip of the iceberg”
“So far in the HOFV we’ve developed a wonderful a master plan that makes it a once in a lifetime opportunity”
Interview with Stu Lichter: starting at 3:03
“The hall of fame project is going to be by far the most exciting thing we’ve done in the company.... It has nearly every component of real estate involved, hotels, convention centers, office buildings, sports facilities, amusement park… but what’s really exciting is the programming that’s going to happen there”
David Baker tells an emotional Jimmy Johnson he will be inducted into the NFL HOF for the Class of 2020
Interview with George Veros:
“People come here because they want to feel that they are getting what the game is the best of”...”It’s about the values of the game”
“You hear these stories in this theater that’s a disney like theater, a 20 minute show, but people walk out crying, this is what the game’s supposed to be, this is what the game is meant to be”
More about Johnson Controls
Smart Buildings: Solutions for Digital Transformation from Johnson Controls
“The World’s leading building technology company”
“Supply products and services that make buildings more secure, more sustainable, more productive, and we help owners and occupiers get the most of their environment.”
Use machine learning, AI, and cloud technology
Development Phases
Phase 1: Complete ($250M Investment)
Tom Benson HOF Stadium
National Youth Football & Sports Complex
HOF Media Company
PHASE 1 ASSETS ALREADY ATTRACT NEARLY 1 MILLION VISITORS ANNUALLY
Phase 2: On-Going ($300M Investment) - To Be Completed in 2023
“We anticipate Phase II will take 2.5 to 3 years to complete once the shovel hits the ground” - Crawford
HOF Themed Waterpark
Renovation of the Hilton DoubleTree hotel in Downtown Canton.
Two Premium HOF themed Hotels
Constellation Center for Excellence (Office, Auditorium, Dining)
Center for Performance (Field House, Basketball Courts, Convention Center)
HOF Promenade (Themed restaurants and retail)
Phase 3: To Begin 2022. To Complete by 2026
HOF Experience (Immersive VR/AR attraction)
Additional Luxury Hotels and Retail Space
Multi-Family Housing
Legends Landing
HOFV Analysis + Bullish !!
http://www.stockta.com/cgi-bin/analysis.pl?symb=HOFV&cobrand=&mode=stock
resist. 9.65 2
resist. 6.38 2
resist. 5.93 4
supp 4.86 4
supp 3.69 3
supp 0.00 861
HOFV + NEWS !!
https://www-sportico-com.cdn.ampproject.org/c/s/www.sportico.com/2020/business/finance/pro-football-hall-of-fame-stock-1234608887/amp/
Pro Football HOF Village to Use Youth Sports, Exclusive I.P. to Attract Fans
JOHNWALLSTREET
July 9, 2020 3:00AM PDT
pro football hall of fame
Jason Pohuski/CSM/Shutterstock
On July 1, HOF Village, LLC—the owner of a sports and entertainment destination affiliated with the Pro Football Hall of Fame—announced the completion of a merger with the publicly traded SPAC, Gordon Pointe Acquisition Corp. The combined entity was renamed the ‘Hall of Fame Resort & Entertainment Company’ and now trades on the NASDAQ exchange under the symbol HOFV. Considering the country’s continued struggle with containing the coronavirus and the U.S. economy’s slide into a depression over the last four months, it does not seem like an opportune time to introduce a recreational travel play to the capital markets. But HOVF CEO Mike Crawford said the NFL’s massive “fan base, [the company’s affiliation] with the most powerful sports league [in the world], its ability to leverage the Pro Football HOF brand and the brand of [the individual] Hall of Famers” would enable the creation of “an entertainment conglomerate” not solely reliant on travel to Canton. By taking the company public now, he said, it’s positioned to “grow at a slightly faster pace than [it] might have been able to with a private placement.”
Our Take: The Hall of Fame Resort & Entertainment Company has aspirations of being far more than a sports-themed resort in Eastern Ohio. Crawford said that initially the company would be “heavier on real estate creation—two hotels, a technology-based waterpark, retail and dining” are all in the plans—before the focus shifts to “creating assets that drive new events and programming, which will in turn drive new sponsorship revenue.” Historically, sponsorships have contributed approximately $6 million annually to HOFV’s revenue. That number is projected to climb to between $20 million and $25 million within the next half decade as the company puts on more events (think: NFL alumni academies, sporting events, concerts).
Over the last three years, the Hall of Fame Village Powered by Johnson Controls has built a “pretty robust youth sports business unit” that hosts regional camps and tournaments, championships (including the Ohio state high school football championships) and some collegiate games at Tom Benson Hall of Fame Stadium. Crawford suggested there is room to grow the vertical (the National Youth Football and Sports Complex is projected to comprise 5% of 2025E revenue), a narrative echoed by Anh Hoang, CIO of GHG Invest (which, it should be noted, owns HOVF warrants). “The youth sports business overall has been growing really fast. A current worldwide youth sports market is around $24.9 billion, expected to grow to $77.6 billion by 2026. However, that was the pre COVID-19 projection. Even if there were to be a 20% reduction in the 2026 market size estimation it would grow to $62 billion (roughly +14% CAGR).”
Crawford, who was at Disney when they built the Wide World of Sports Complex, sees a chance to construct HOFV’s youth sports tourism business in a similar vein. “[Youth Sports] is a great attendance driver, and we have the ability to take those that are coming to participate [along with their families/community members] and give them a place to be entertained, to stay and to be immersed [in the game of football],” he said.
In the short-term, media will be a small piece of the revenue pie (+/- 10%); it’s simply too time-consuming to produce high-quality content. But the former Disney executive believes the “interesting intellectual property” exclusively available to them (think: video and audio clips, imagery and artifacts) provides an opportunity to build a media giant that can eventually power the physical destination—much like The House of Mouse has done. While it won’t be easy to create that kind of ecosystem (remember, Disney is a legacy brand), Huong says, “the results can be extremely rewarding.”
Fantasy sports is another vertical the Hall of Fame Resort & Entertainment Company believes it can grow. As Huong noted, what is currently an $18 billion market is “expected to grow to nearly $43.4 billion by 2026.” Crawford was hesitant to put a number on the upside in the HOFV fantasy outfit, but he did say he expects The Crown League (an asset they acquired in mid-June) would “likely become a significant contributor to the company’s revenue and EBITDA lines” within the next half decade.
To be clear, the Hall of Fame Resort & Entertainment Company does not include the actual Pro Football Hall of Fame, which operates as its own private non-profit entity. The Hall is, however, a shareholder in HOFV (they own a percentage in the mid-teens). Before the development of the Hall of Fame Village Powered by Johnson Controls, the Hall itself retained just a small fraction of the money spent by the million or so visitors it drew to Canton each year. But now, by being a partner in an immersive fan destination, they will be able to capitalize on the “business opportunity [associated] with giving [those coming to the HOF] a place to eat and a place to stay while there.”
HOFV’s listing on the NASDAQ exchange “gives the company access to some liquidity and adds credibility and stability [from an investor POV].” Crawford said that the primary use of the capital raised would be to complete the world-class destination in Canton. While the company has invested +/- $250 million to date on upgrades to the Tom Benson Hall of Fame Stadium and on the development of a youth sports complex, there is roughly $300 million in ‘new spend’ still available. For what it’s worth, the company—which holds a market cap in the +/- $300 million range—brought on +/- $50 million worth of new retail investors during its first week of trading. Crawford is confident once HOFV “stands up its fantasy vertical and starts to gain greater potential in e-gaming” that number will be “$500 million or larger.” He said, “There’s tremendous upside to having a horizontally integrated sports-driven company based on the most powerful sport in America.”
Market Snapshot:
JohnWallStreet Index: 3,234.53 (+1.53%)
NASDAQ: 10,492.50 (+1.44%)
S&P: 3,169.94 (+0.78%)
DJI: 26,067.28 (+0.68%)
HOFV + NEXT BIG CATALYST COMING !!
Ohio House Sends Sports Betting Bill to Senate After 83-10 Vote approval
https://www.casino.org/news/after-successful-house-vote-what-is-next-for-ohio-sports-betting-bill/
The bill now heads to the state Senate, where two lawmakers in that chamber have proposed their own sports betting bill. The final Bill will be put into law before DECEMBER 2020.
Once the news hits that the bill has passed the senate commity for approval and will be placed into law there is no reason why HOFV should not be at $100.00 per share.
There is no reason why this bill won't pass as they are presently working on just finalizing policy. This will be a huge win for OHIO and HOFV with potential profits for hall of fame village in the billions.
https://www.crainscleveland.com/kevin-kleps-blog/hof-village-gordon-pointe-merger-finalized-could-be-best-sign-yet-long-awaited
HOFV named by Forbes as one of 13 game-changing NFL stadiums !!
https://www.businesswire.com/news/home/20191014005630/en/HOF-Village-ASM-Global-Announce-Management-Agreement
CANTON, Ohio--(BUSINESS WIRE)--HOF Village, LLC (“HOFV” or the “Company”), the company that owns the premier sports, entertainment and media enterprise surrounding the prestigious Pro Football Hall of Fame in Canton, Ohio, and ASM Global, the premier venue management and services company, announced today ASM Global has been selected as the new management firm for the Tom Benson Hall of Fame Stadium, an integral component of Johnson Controls Hall of Fame Village located in Canton, Ohio.
“This wonderful venue is located within one of the most important places for pro football fans anywhere in the world. ASM Global’s management of this special and unique facility is an exciting addition to our family of venues.”
Tweet this
Tom Benson Hall of Fame Stadium, named by Forbes as one of 13 game-changing NFL stadiums, joins other major stadiums managed by ASM Global, including Soldier Field in Chicago, Mercedes-Benz Superdome in New Orleans, State Farm Stadium in Glendale, NRG Stadium in Houston, and 18 others throughout the world. The stadium is named for the late Tom Benson, former owner of the New Orleans Saints.
“We are thrilled to add Tom Benson Hall of Fame Stadium to our roster of iconic NFL Stadiums,” said Doug Thornton, Executive Vice President of ASM Global, who led the efforts to partner with the Hall of Fame Village. “Anyone associated with pro football knows this location is special and is an inspiring site for football fans across the world.”
Johnson Controls Hall of Fame Village, a development of HOF Village, LLC, is a multi-use sports, entertainment and media destination centered around the Pro Football Hall of Fame's campus in Canton, Ohio. It provides a themed sports, entertainment and media venue to capitalize on the popularity and fandom associated with professional football and its legendary players. HOF Village, LLC was founded by the Pro Football Hall of Fame through its wholly owned, for-profit subsidiary Hall of Fame Village, Inc. and Industrial Realty Group, LLC.
“ASM Global is a world-class company that will help us provide the highest quality of operation and service to our fans. We are pleased to bring on board a company of their caliber as we expand the programming in Tom Benson Hall of Fame Stadium, ensuring that it is not only a great football stadium but a spectacular concert venue as well,” shared HOF Village LLC Chief Commercial Officer Ed Kiernan.
Bob Newman, President and CEO of ASM Global, said, “This wonderful venue is located within one of the most important places for pro football fans anywhere in the world. ASM Global’s management of this special and unique facility is an exciting addition to our family of venues.”
ASM Global’s Blake Schilling has been named the General Manager of the stadium. “It’s a great privilege for me to be given the opportunity to lead ASM Global’s team at Tom Benson Hall of Fame Stadium. Canton is a special place for my family and me,” commented Schilling. He will continue to oversee operations at the Canton Civic Center, which is also managed by ASM Global.
HOFV entered into a definitive business combination agreement with Gordon Pointe Acquisition Corp. (NASDAQ: GPAQ, GPAQU, GPAQW) that is expected to be completed in the fourth quarter of 2019. Upon the closing of the transaction, the combined company will change its name to Hall of Fame Resort & Entertainment Company and trade on the NASDAQ stock exchange under the ticker symbol “HOFV.”
Texas Roadhouse + Michael Crawford
Joint venture between HOFV & TXRH nasdaq a strong possibility - Franchise HOFV NFL + Gambling opportunities? all across the United States and globally ?
The chain operates about 563 locations (as of June 2018) in 49 U.S. states and in Saudi Arabia, Kuwait, Bahrain, the United Arab Emirates, Qatar, the Philippines, Mexico, Taiwan, and South Korea.
https://investor.texasroadhouse.com/governance/board-of-directors/default.aspx
MICHAEL CRAWFORD
Michael Crawford is currently the Chief Executive Officer for Johnson Controls Hall of Fame Village (HOFV), which is a multi-use sports, entertainment and media destination centered around the Pro Football Hall of Fame’s campus in Canton, Ohio.
Prior to joining HOFV, Mike held numerous executive positions with the Four Seasons Hotels and Resorts Company, starting as the President of Asia Pacific and subsequently becoming Global President of Portfolio Management. While at Four Seasons, he was responsible for business and capital planning, along with the design and construction of all new Four Seasons Hotels and Resorts worldwide. Prior to Four Seasons, he spent almost 25 years at the Walt Disney Company (NYSE: DIS) where he rose to Senior Vice President and General Manager of Shanghai Disney Resort and President of Shanghai’s Walt Disney Holdings Company.
Texas Roadhouse expands board of directors, adds new executive to the roster
https://www.bizjournals.com/louisville/news/2020/06/29/texas-roadhouse-expands-board-of-director.html
your possible right ! will have to wait till the company confirms the cancellation of its shares to offset the 42% stock incentive and publicly states what there authorized and outstanding Float is. Either way this is insanely low !
On one hand it makes it very easy to manipulate the stock price lower by MM with no news released or catalyst, on the positive side this can skyrocket up and have parabolic rises in share price on the slightest positive news!
once the dust settles and we get mass media coverage this Phoenix will rise like nothing seen before.
Who is Mr. James J Dolan
Mr. James J Dolan has over 40 years of operating and investing experience in the financial services and technology industries. He is currently the Chairman and CEO of Voyager, his family office and holding company, which owns and operates a diversified group of companies in the technology, financial services, real estate, aviation and natural resources industries. Mr. Dolan also serves as the CEO and Managing Director of a number of Voyager’s portfolio companies. Mr. Dolan is also the Chairman and CEO of Ascent Data, which he formed in 2009 and which is a provider of cloud computing services to financial and legal firms. He was a senior executive and shareholder of Federated Investors, Inc. (NYSE: FII), a multi-billion dollar global asset manager, for 19 years, from 1978 through 1997, including President of Federated Services Company, where he was responsible for technology, software, marketing, fund administration, client services, custody and shareholder services for over 100 domestic and international investment companies with operations in the U.S., Ireland, Cayman Islands and Luxembourg. There he was responsible for significant business units, including fund administration services, shareholders services, trade execution and settlement services for bank trust departments, and retirement plan and trustee services. He also served as Chairman and CEO of, Federated Bank & Trust, a state chartered bank which acted as trustee for Federated investment vehicles and provided services to Federated clients. He was also responsible for developing and implementing innovative computer systems and trade execution and clearance systems for the financial services industry. Following Federated, Mr. Dolan formed Access Data Corp., a SaaS company providing enterprise-wide data management, analysis and reporting for the financial services industry, including a suite of comprehensive data and reporting solutions covering mutual fund assets and ETF assets. In 2009, he led the sale of Access Data to Broadridge Financial Solutions (NYSE:BR), a global FinTech company providing investor communications and technology-driven solutions to banks, broker-dealers, mutual funds and corporate issuers. Mr. Dolan is currently a director and founding shareholder of TriState Capital Holdings (NASDAQ:TSC), a commercial bank in Pittsburgh, Pennsylvania with total assets of $4.4 billion, which went public in May 2013. He is also a board member of Chartwell Investment Partners, an asset management firm with $8.2 billion in assets under management and a subsidiary of TriState. Mr. Dolan is also a founding board member and investor at Plan Member Financial Corporation, a provider of retirement planning services to non-profit and for-profit employers and their employees.
http://www.spacinvesting.com/gordon-pointe-gpaq---hofv.html
HOFV + Float 2.1M ?
https://finviz.com/quote.ashx?t=HOFV
HOFV Hall of Fame Village, LLC daily Stock Chart
HOFV [NASD]
Hall of Fame Village, LLC
statements
Index - P/E - EPS (ttm) -0.38 Insider Own - Shs Outstand 4.35M Perf Week -13.18%
Market Cap 38.30M Forward P/E - EPS next Y - Insider Trans - Shs Float 2.14M Perf Month -43.95%
Income -1.60M PEG - EPS next Q - Inst Own - Short Float - Perf Quarter -24.93%
Sales - P/S - EPS this Y -103.70% Inst Trans - Short Ratio - Perf Half Y -24.12%
Book/sh 17.69 P/B 0.32 EPS next Y - ROA - Target Price - Perf Year -20.01%
Cash/sh 0.01 P/C 383.04 EPS next 5Y - ROE - 52W Range 5.07 - 12.31 Perf YTD -24.84%
Dividend - P/FCF - EPS past 5Y - ROI - 52W High -54.51% Beta -
Dividend % - Quick Ratio 0.20 Sales past 5Y - Gross Margin - 52W Low 10.45% ATR 1.13
Employees - Current Ratio 0.20 Sales Q/Q - Oper. Margin - RSI (14) 37.79 Volatility 11.98% 16.23%
Optionable No Debt/Eq 0.00 EPS Q/Q -568.50% Profit Margin - Rel Volume 0.35 Prev Close 5.57
Shortable Yes LT Debt/Eq 0.05 Earnings - Payout - Avg Volume 555.24K Price 5.60
Recom - SMA20 -27.23% SMA50 -27.74% SMA200 -24.91% Volume 192,340 Change 0.54%
If everything goes to plan which I am thinking will ! we should see a price way above $250.00 by 2025 ! $500.00 would not surprise me ! Just read the financials of our competitors to see the Potential in HOFV
Everyone needs to relax and chill.
Accept that this is a long term investment with a short term potential. If you can’t hold during a red day, just sell and give your shares to someone who knows what they’re investing in.
For warrant holders, consider this:
1. Your warrants will only lose you money if you sell them for a loss.
2. Warrants don’t expire until 2024
3. You are only forced to exercise your warrants if the stock price is $18+ for a 20 day period. So either way, it’s a win (as long as you believe the common share price will be above $9 by 2024.
This is a classic example of wealth transferring from the impatient to the patient.
Questions Answered on HOFV warrants !
Tons of confusion on this board about the warrant math.
This is the formula for the intrinsic value of the warrants:
Intrinsic Value = (SP x 1.42) - $11.50
Intrinsic Value by Share Price:
$10: (10 x 1.42) - 11.50 = $2.70
$15: (15 x 1.42) - 11.50 = $9.80
$20: (20 x 1.42) - 11.50 = $16.90
$25: (25 x 1.42) - 11.50 = $24.00
$30: (30 x 1.42) - 11.50 = $31.10
$50: (50 x 1.42) - 11.50 = $59.50
$75: (75 x 1.42) - 11.50 = $95.00
$100: (100 x 1.42) - 11.50 = $130.50
$250: (250 x 1.42) - 11.50 = $343.50
NOTE: the warrants will trade below intrinsic value until exercisable. Even then, the barrier to exercise (price, time, burden) will result in a warrant value below intrinsic value. That’s why you will get the highest ROI by exercising yourself instead of flipping your warrant.
The warrants will expire worthless if the common share price is below $8.10 by 2024.
HOFV has the right, but not the obligation to force redemption if the common share stock price trades above $18 for any 20 day period.
The intrinsic value of each warrant in this scenario is $14.06.
(18 x 1.42) - 11.50 = $14.06
HOFV vs DIS ( DISNEY )
Disney World Orlando + 58 million visitors per year
Total Revenues in 2019 from the Disney empire 69 Billion
** HOFV as of 2007, the museum consisted of five buildings, covering 83,000 square feet. Nearly 200,000 people visit the Pro Football Hall of Fame each year.
** Since its opening in 2017, the National Youth Football and Sports Complex has hosted over 300,000 tournament participants and their families with 80% of these participants coming from outside of the State of Ohio. The Hall of Fame Village currently sees over 1,000,000 visitors per year.
Lets put this into perspective.. at present in 2020 with only 10% of the project completed in phase 1 we have over 1.3 Million visitors and have revenues of 27 Million. Now this is expected to grow to 158 Million and over 15 million visitors by phase 2. In phase 3 we are expected to grow to over 1 billion with 35 Million visitors.
Past Phase 3 when the full monetization of its over 20 revenues streams start we can easily match the NFL revenues of 15 Billion a year with over 50 million visitors per year !
This once again would take us past $250.00 a share ! This is a hyper growth company with huge upside !
Once the market understands this we should be trading at a fair value of $70 +
Something to think about Disney started trading below $5.00 a share and had over 6 stock splits since. With no stock splits the stock today would be trading at over $30,000 per share for one stock?
Think about that when you think of the potential of HOFV. For those that think $250.00 is dream evaluation based on the companies future revenues. People said the same about Disney saying its located in a dump area and only has kids rides when it was trading $250.00 before it climbed to $30,000 per share !
Remember this is a NFL directly owned stock with potential for revenues in the billions alone from online sports betting and being Covid 19 ression proof !
No reason why we can't match Disney type Growth with in 5 year time frames.
https://www.lcrcapital.com/blog/lcr-irg-eb5-funding-hof-village/
Yes correct please see link below. The point I was trying to make was that William Hill , DraftKings, etc will be taking in bets on all games played at HOFV. What will end up happening is that HOFV is developing its own App and in house platform that will be taking in bets on all games played there. This does not include the licensing of its broadcasting of games to online sports betting platforms.
The potential in just online sports betting of its NFL games and with NFL invested will be worth billions. This is just one of there revenue streams. Imagine if Disney had sports betting with there media streaming app ! Thats what HOFV will be + 20 more revenue streams !
NFL cancels Hall of Fame Game, Class of '20 enshrinement postponed due to coronavirus
https://www.usatoday.com/story/sports/nfl/2020/06/25/nfl-cancels-2020-hall-fame-game-cowboys-steelers-class-postponed/3256131001/
Cesars sold to El Dorado Resorts
Cesears has finally sold to El dorado resorts who owns part of William Hill. Incase you did not know but William Hill is one of the largest online sports betting platform or book maker.
They are partnered with HOFV which means you should be seeing some huge Press releases coming up ! not including its partnership talks with a HOFV themed based casino in Vegas, and the NFL season starting ++ as I said this is a billion dollar stock in the making !
The first NFL game of the season now has odds at William Hill.
The Cowboys and Steelers are set to square off in the 2020 Hall of Fame Game on Thursday, August 6 in Canton, Ohio.
https://www.williamhill.us/pro-football-hall-of-fame-game-odds-released-dallas-slight-favorite/
HOFV vs CHDN
Churchill Downs stock CHDN went from a low of $5.50 to high of $154.00 now presently trading at a price of $134.00.
In 2019 they generated 1.3 billion in yearly revenue with a float of 34M. All this money was generated from Horse race betting alone and nothing else !
Now can you imagine the potential of HOFV with a float of only 2.2M. Phase one is expected to generate 27M - Phase 2 expected to generate 158M
Phase III and further expansion plans to enable further growth within the approved 600-acre Tourism Development District. Phase III will include virtual reality, additional corporate attractions, a third hotel, Fantasy Sports, eGaming, Destination-Based Entertainment Assets, Expanded Youth Sports Programing, Sports Betting to name only a few of the over 20 revenue streams !
The NFL alone being a private company is said to generate 15 Billion a year in revenue. If Churchill Down can generate 1.3 Billion a year off race horse betting alone then there is no reason why HOFV in phase 3 can't generate over billions a year in sales taking the share price above $250 ++++
Worst Case Scenario for HOFV in 2 years $19.00
Revenue is set to grow 270% from $13M (2020) to $48 million in 2021 and continue to grow revenue by 65% in 2022 and 47% in 2023. This is also without sports betting in the estimates. If you plan on holding long term the share price at about 5x 2023 sales would give a share price of about $19 per share.
Now if you factor in the 20 +revenue streams I mentioned in my previous post your sitting at least $250.00+ in 2 years.
So absolute bottom is $19.00 in 2 years and best case for a high price is $250.00+
Companies trade on the basis of forward looking statements. In the case of Tesla it is trading at 2025 expected revenue projections.
Some companies like NKLA with no revenues trade on a dream of what can be. That being said the 150M revenue stream is the worst case scenario.
This company is like no other with over 20 revenue streams that could generate billions a year in revenue. Non of these have been factored in to the stock price as the company has yet to disclose how they will monetize. Remember the NFL owns this and as a private company generates 15B a year ! Roger Goodell has said he wont let it fail ! They will use HOFV as a platform to further develop the NFL and to generate many more billions globally
1) Cesar Palace + HOFV themed casino in Vegas
2) Online sports betting APP
3) Sports gambling in house
4) Media Streaming platform being developed + similar to Netflix
5) Restaurants
6) 4 star hotel
7) Concerts
8) Aqua Park
9) NFL games
10)Museums
11) Fantasy league football
12) Training camp
13) Junior leagues
14) HOFV theme restaurant franchise
14) HOFV restaurant chain gambling tie up
15) Retail stores
16) Intellectual property rights
17) Online e commerce platform being developed
18) possible joint ventures with Amazon + Disney
19) Charity events
20) Sports awards
To many to list so please read my previous post. The pr campaign, news and media has not started yet. The low price you see is due to market manipulation in hopes of people selling there shares cheap to market makers so they can cash out on the soon to be run. The company stock does trade at value and is extremely under weighted. 84 % float is locked up... NFL owns 20% of this company according to SEC fillings. 700,000 in stock is owned by the CEO. the float is only 2.2M... so it won't take long for this to jump to the $100.00 value once the market makers let this go !
Remember the news with Cesars Palace alone will send this stock to $100.00 ... The news of a online gambling App similar to DKNG is in the works ! lots of upside here ! and the lowest float of any SPAC !
Right now money is changing hands from the impatient to the patient... there is 40X upside here with in 1 year in my humble opinion.
Most NFL agents believe there will be a full 2020 season
https://www.prideofdetroit.com/2020/7/14/21324226/study-most-nfl-agents-believe-there-full-2020-season-covid-19
The Merger has now been officially completed. Ticker change on the 2nd does not equate completion of merger. According to SEC filing and prospects filled the official legal date was today July 15th 2020.
According to the CEO and investor relations there will be a series of PRs that are going to be released along with SEC filings that should have tremendous value to the stock.
The Float is so low and majority of shares on lockdown makes this a prime candidate for market makers to manipulate the price to new lows in order to accumulate for a huge run.
People need to stop looking at the day to day acitivity's and hold on for the epic run that will start before September 2020.
Even if this continues to fall it means nothing as the long term outlook will be close to $250.00. Remember this is still under the radar , no promo, no pumping, no news media, no pr's
We have only been trading now for 2 weeks and people are reacting like the sun is falling out of the sky. All that has happened is day traders have exited, swing traders are gone and the float is now in the hands of long term holders.
Price manipulation you see is to shake out weak hands so that MM can accumulate. Smart money is holding to reap big gains. Under 3M float will see this soar past $50.00 on the slightest good news.
I think the market has been waiting for confirmation of the shares being eliminated and has been waiting for that to appear in a sec filing. Due to concerns, the 1.42 was essentially treated like dilution. Hopefully, there will be a report filed with the SEC soon that resolves the concerns. I hope that helps.
HOFV + ill say this one more time if its not sinking in yet, we are one of the only post merger SPAC companies that is trading at half market cap of what our enterprise value is at, price is guaranteed to catch up.. Bullish AF
Smallest Float of any SPAC at under 3M
Its in there SEC filings... you have to go back and read all the ones they have submitted to the public post merger ! thanks
MadMoney CNBC response to me !!
Please note they will be contacting the CEO to see if they would like to be on the show once the merger has been completed after July 15th 2020. ( at least that is how I read there response to me ) Considering the CEO has already been on CNBC prior to the merger to discuss the COVID 19 spread and not HOFV I think this will be huge when he comes on to discuss the future of HOFV with all the revenue streams,s !!
Dear Investor
Thank you for reaching out today and contacting Jim Cramer at MadMoney on CNBC. While we don't have anything Scheduled presently with HOFV , we can tell you that once mergers or spac's have been completed we do reach out to corporations to see if they would like to discuss the success of the merger and there future on our show.
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Great question and won't know the answer to that unless we Wait a few weeks to see how this transpires after July 15th 2020 closing date of merger.
the good news is that majority of shares are being held not with retail but with insiders and institutional with a lock down period of 180 days.
It's in the companies and institutions best interest to get the price the highest they can in the next 6 months if they hope to sell any of there holdings for profit or trim some of there holdings. My guess is they want this over $100.00
Float should come out when dust settles under 3M
Don't worry about Stocktwits they ban everyone ! not sure how they even have users when more then 50% have permanent life time bans..lol
If you want to get back on Stocktwits you just need to get a new IP address ,delete your cookies, and use another email account with different user name and password and hope for the best ! lol
HOFV + 10% in AH to $5.95 from a close of $5.36 - 36,000 shares traded. Lets see what happens this week. Expect a huge PR and price jump in coming days. I spoke with investor relations they have PRs timed for release in coming weeks !
Don't forget the CEO will be on CNBC this month. Would hate to be on the sidelines when that happens ! will be to late ! could happen any day !
SEC 13D filing released !! Great News
What Is Schedule 13D?
Schedule 13D is a form that must be filed with the U.S. Securities and Exchange Commission (SEC) when a person or group acquires more than 5% of any class of a company's shares. This information must be disclosed within 10 days of the transaction. Schedule 13D is also known as a "beneficial ownership report."
This form confirms that James Dolan owns 5,136.643 shares or 14.5% of the stock in HOFV . Non exercisable for 180 days or locked.
This SEC form does not confirm the cancellation of 1.6M shares to offset the 42% stock incentive. Let's see what happens this week as the merger is to be completed by law on or before July 15th 2020.
Look at SPCE or Virgin Galatic.. it fell to $7.00 after its IPO price of $12.30. It stay depressed or under $10.00 for two months before skyrocketing back to $40.00
Tesla fell from $900.00 to $375.00 before climbing back to $1850.00
To many examples to list ! best thing about HOFV is that we are in a better chance of soaring to new highs because the float is so low and there is so much good news coming !
Whole market tanked ! Be patient and Buy more !
The whole market has tanked ! Tesla has fallen $300.00 and is expected to fall another 50% !! Market crashes are opportunities to buy great quality companies. HOFV was already on sale and is now even better.
The only people complaining are nickel and dimmers. People like me with over 30,000 shares will be buying more !
Stop looking at daily market activity and look long term we are sitting on a $250.00 stock.. You think people who purchased Tesla at $1850.00 are crying because they lost $300.00 today ? even if Tesla falls back down to $400.00 people will be fine. Long term the stock is worth over $20,000 per share.
Same thing here nothing has changed ! we are sitting on a $250.00 stock ! stay the course and buy more on every dip !
As stated I have over 30,000 shares invested in HOFV common stock and have been accumulating. Thats how confident I am on the success this investment will be long term. No to mention there are people with deeper pockets then mine who are taking an even bigger piece of the pie and rolling way more on the table looking like what I have as gas money ! Think about that !
Look at the volume on Level 2 - you will see trades going through of 100 back and forth... this is text book market manipulation and guess what it worked... weak hands sold out and now the stock is in the hands of the long term investors...
Institutions have been loading the boat and are creating a set up to let this rip in coming days !
Cancellation of shares not done yet !
Hey folks Remember the final date of merger is on July 15th 2020. They must officially file all paper work via sec filings ... hedge funds wont touch this till after that date confirming the merger. Lastly the company has not stated yet via SEC filings that they confirmed the cancellation of 1.6M shares to offset the 42% share incentive.
its only painful if you keep watching the daily churn, day to day ! My advice is to buy more stock, set it and forget it ! By years end you will be thanking me ! I see no reason why this can't hit $100.00 by years end with all the news in the pipeline yet to be released ! If a crap company like NKLA with no profits, No Money , no revenues and only a pipe dream go from $10.00 to $90.00 then I think HOFV with one of the smallest floats of any SPAC play should see past $100.00 easy.
Remember brokerage analysis is coming, News coverage like CNBC, The CEO will be on TV and having interviews ! Seeking Alpha has already placed an article saying HOFV should see 140% upside in short term and this was a conservative figure !
The fun is yet to begin, this a recessionary proof stock! people don't understand the investment ! Remember NFL is opening + Disney is open. Only a matter of time before this goes main stream !
Last chance to buy before the train leaves the station !! People will be looking at this saying I wish I would have purchased more !! Remember this is like investing in the NFL but only better + the NFL is a private company that is said to generate over 15 billion a year in revenues. Can you imagine HOFV with online gambling, fantasy league sports, 4 star hotels, media streaming, NFL, retail shops, casino in Vegas, sports betting, restaurant franchises, etc.. this is a no brainer...
Plus investors relations, the board of directors and the management team is one of the best. Buying HOFV at $6.00 is like buying Disney when it was below $10.00 !!
Day Traders prey on Low float stocks like HOFV hoping for quick flips, as do swing traders. That being said most of the selling you see are margin calls, people selling out before mergers and those that were holding for fast gains are now selling for a loss.
People are looking for fast profits and are getting into EV style plays like SPAQ, SHLL, NKLA hoping to make Tesla like gains. So when they invest in something like HOFV and the stock stays stagnant or falls in value they cut there losses and move on to something faster.
Remember you also have a lot of robin hood traders that flipped this after the merger who did not have the ability to buy when the ticker was GPAQ.
Lets not forget the merger is not officially happened yet. The merger date in July 15th 2020 ! Plus I see no evidence of the retirement of over 1.6M shares to offset the 42% share incentive.
once this occurs we should see a huge bump in share price ! like I said this a sleeping giant that when awakes will be to late to buy. With a float of less then 3 million you will see jumps in share price of $20.00 to $30.00 in a single day !
Virgin Galatic fell to $7.00 before skyrocketing past $40.00 !! Those that were patient are reaping the rewards. Remember folks we are only 8 days into trading. The bottom on this stock is $6.00 it wont ever close lower.. we have reach a base. Once the selling has stoped from day traders and swing traders the only way to go is up.
As stated to much good news coming ! Anything under $7.00 is a gift ! We wont be at these fire sale price to long !
The CEO sec filing released shows he owns 700,000 shares.... you have to be a space cadet thinking he will sell below $100.00. Not to mention he has vested interested in seeing the price above $100.00. Lets not forget the hedge funds that have million invested oh and as well as the NFL that has over 10 million invested !
I am a share holder with over 20,000 shares invested and will continue to average and buy more as these prices are a gift !
Double your money buying below $7.00 !
The easiest money to be made in the stock market , literally a gift to anyone who is buying below $7.00 expect your money to double when we see $14.00 in coming weeks once PRs get released as stated by investor relations.
The potential on this stock is enormous ! Once this gets coverage on CNBC people will be chasing it into the 50.00s !
Be Patient ! there is no dilution of stock... just impatient people selling who can't afford to hold for huge gains. People are looking for instant profits on these space plays take off when there is some downside.
Remember the company CEO who is an X Disney executive responsible for the creation of 4 mega Disney projects just released a sec filing last week showing he owns 700,000 shares of HOFV which are locked in for 180 days before he can sell anything.
Do you really think A) the company would dilute there stock at 50% loss ? B) Do you really think the CEO will be selling his shares at $6.00 or rather at $250.00 per share?
Press will be released this week... to much good news coming. We will look back at these prices and think what a great opportunity to have accumulated !
Mr. Crawford said last week at the eSports call that their would be HOF restaurants across the country with sports betting... hmmm?
https://twitter.com/ProfitsWin/status/1282492119047983105