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IMHO there is no reason to fear a RS as long as its for uplisting....
New York State Corporation Entity
Authentic Events LLC
185 Hildreth Pl., Yonkers, NY 10704
Overview
AUTHENTIC EVENTS LLC (DOS #5337017) is a Domestic Limited Liability Company in Yonkers registered with the New York State Department of State (NYSDOS). The business entity was initially filed on May 8, 2018. The registered business location is at 185 Hildreth Pl., Yonkers, NY 10704. The DOS process contact is Authentic Events LLC. The registered agent is Altagracia Lelis Capellan Collado at 185 Hildreth Pl., 10704, New York 32935.
Business Entity Information
DOS ID 5337017
Current Entity Name AUTHENTIC EVENTS LLC
County Westchester
Jurisdiction New York
Entity Type DOMESTIC LIMITED LIABILITY COMPANY
Initial DOS Filing Date 2018-05-08
DOS Process Name AUTHENTIC EVENTS LLC
DOS Process Address 185 Hildreth Pl.
Yonkers
NY 10704
Registered Agent Information
Registered Agent Name ALTAGRACIA LELIS CAPELLAN COLLADO
Registered Agent Address 185 Hildreth Pl.
10704
New York 32935
Entity Name History
Filing Date Entity Name Filing Number Type Status
2018-05-08 AUTHENTIC EVENTS LLC 180508010031 Actual Active
Entity Address History
Filing Date Address Type Address Name Address Filing Number
2018-05-08 Service of Process AUTHENTIC EVENTS LLC 185 Hildreth Pl., Yonkers, NY 10704 180508010031
Location Information
Street Address 185 HILDRETH PL.
City YONKERS
State NY
Zip Code 10704
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Beyond Beauty By Bri, LLC 955 Yonkers Ave., Suite 100, Yonkers, NY 10704 2025-02-13
452 Cyrus LLC 11 Abner Place, Yonkers, NY 10704 2025-02-03
Dominguez Wholesale LLC 6 Nolan ave, Yonkers, NY 10704 2025-02-03
Shala Housing Management LLC 77 Hart Avenue, Ph, Yonkers, NY 10704 2025-02-14
Kosti Construction Corp. 21 Teresa Avenue, Yonkers, NY 10704 2025-01-30
Find all corporations in the same zip code
Similar Entities
Corporations with similar names
Corporation Name Address Registered Agent Name Initial DOS Filing Date
Authentic and Alive, LLC 20 W 64th St #22s, New York, NY 10023 2021-12-14
B Authentic LLC 12 Carter Lane Unit 301, Monroe, NY 10950 2023-11-02
Authentic Soundware LLC 126 e 3rd street, Brooklyn, NY 11218 Metro Corporate Services LLC 2022-04-22
Authentic Housing LLC 228 Park Ave S #899806, New York, NY 10003 Serene Gregg 2022-12-01
Authentic and Alive LLC 20 W 64th Street, Apt. 22S, New York, NY 10023 2024-08-01
Authentic Minds Only LLC 228 Park Ave S #877662, New York, NY 10003 United States Corporation Agents, Inc. 2023-03-31
Authentic Health LLC 14 Koritz Way, Spring Valley, NY 10977 2021-10-18
Bullards Authentic LLC 1108 Middle Stella Ireland Rd, Binghamton, NY 13905 2022-09-08
Just Authentic Inc. 400 W 56th St #3d, New York, NY 10019 2021-11-22
Authentic 716 LLC 18 Hedges Ave, Jamestown, NY 14701 Cindy Frank 2023-02-17
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This dataset includes about three million business entities and corporations registered with New York State Department of State (NYSDOS). The Department of State keeps a record of every filing for every incorporated business in the state of New York. Each business entity is registered with DOS ID, business legal name, type, filing date, registered agent name, office address, etc.
Subject Business and Economy
Jurisdiction State of New York
Data Provider New York State Department of State (NYSDOS)
Source data.ny.gov
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The New York State Department of State, one of the oldest and most diverse agencies in state government, works to make New York a more welcoming, equitable, and prosperous place for all who call it home. Established in 1778, and known as the Keeper of Records for more than two centuries, the Department improves the quality of life for all New Yorkers by providing a myriad of essential services and programs to local governments, businesses, community organizations and citizens. Business corporations, not-for-profit corporations, limited liability companies and limited partnerships must file a formation document with the New York State Department of State in order to do business within the State of New York. Each corporate, limited liability company or limited partnership name must be unique.
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"Success" is the best form of REVENGE imho
Some people are positioning it as a short-term play with huge returns. We are not a short-term "play"
We are a long-term investment And as such WE WILL NOT DISAPPOINT...
We will keep loading up this cannon with gunpowder and we haven't even gotten close to putting in the projectile in yet...
We are building a company not a stock
holy Moly now #2 on the BOBhttps://investorshub.advfn.com/boards/breakoutboards.aspx
Why you ask?
Authentic Holdings, Inc ($AHRO)
@AuthenticHLDGS
·
Mar 27
$AHRO We will be signing two significant Pay Per View deals in the coming week or so when the contracts are finalized. We will now launch Authentic Events LLC which will fly under the Maybacks Global Entetainment banner. We are Just scratching the surface with PPV opportunities
Holy Moly look who is #4 on the bob :)
https://investorshub.advfn.com/boards/breakoutboards.aspx
absooooooooooooooooooooooooooluety $AHRO
Like shooting fish in a Barrell $AHRO
"is there a reason for your name"
"The cup and handle is getting better and better
And there’s a golden cross slapping your face "
$ahro
·
Your entry is only as good as your exit strategy..$AHRO
AHRO " Your entry is only as good as your exit strategy"..imho
Give em Hell Mr.Kiss
ty for that cup and handle info :)
$AHRO Some people are positioning it as a short-term play with huge returns. We are not a short-term "play"
We are a long-term investment And as such WE WILL NOT DISAPPOINT...
We will keep loading up this cannon with gunpowder and we haven't even gotten close to putting in the projectile in yet...
We are building a company not a stock
could not agree any more :) $AHRO
$AHRO Some people are positioning it as a short-term play with huge returns. We are not a short-term "play"
We are a long-term investment And as such WE WILL NOT DISAPPOINT...
We will keep loading up this cannon with gunpowder and we haven't even gotten close to putting in the projectile in yet...
We are building a company not a stock
Ty for your excellent chart analysis for $AHRO !!!
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175994391
The ‘Cup and Handle’ is a pattern which forms on the chart when a rising stock – goes through both price correction and time correction.
Price correction is when the price of a stock falls.
Time correction is when the price moves around the same range for an extended period of time.
The ‘Cup and Handle’ is a bullish trend-continuation pattern. This means, it forms when a stock is in long-term uptrend – it undergoes correction – and then resumes its upward movement.
ty for this valuable news imho $AHRO
The ‘Cup and Handle’ is a pattern which forms on the chart when a rising stock – goes through both price correction and time correction.
Price correction is when the price of a stock falls.
Time correction is when the price moves around the same range for an extended period of time.
The ‘Cup and Handle’ is a bullish trend-continuation pattern. This means, it forms when a stock is in long-term uptrend – it undergoes correction – and then resumes its upward movement.
Pls remember to monitor the charts once the handle has been established which will occur after the cup we are off to the races imho.
"Cup and Handle Pattern: Meaning with Example
by Ashok7 min read
The ‘Cup and Handle’ is a pattern which forms on the chart when a rising stock – goes through both price correction and time correction.
Price correction is when the price of a stock falls.
Time correction is when the price moves around the same range for an extended period of time.
The ‘Cup and Handle’ is a bullish trend-continuation pattern. This means, it forms when a stock is in long-term uptrend – it undergoes correction – and then resumes its upward movement.
Cup and Handle Pattern
Cup and Handle Formation
Cup and Handle Psychology
How to trade Cup and Handle
Cup and Handle Trading Example
Cup and Handle Pattern Formation
Cup and Handle Pattern
When the price gradually falls, goes sideways and then rises back to its previous level – it forms a ‘U’ shape on the chart. This is the cup.
After the formation of the cup, the price falls again – moving in a sideways to downward direction. This forms the handle of the cup.
Together, the entire formation looks like a cup with a handle. This is why it has been given the name ‘Cup and Handle Pattern’.
Example (try to imagine the price movement in your mind as you read):
A stock is at ? 100 when it starts to fall.
It gradually falls to ? 90 and then to ? 80.
It begins to move sideways in the ? 75 to 80 range.
Then slowly starts moving upwards. From 80, the price rises to 90 and eventually back to its previous high of 100.
This price movement on the chart will look like half a circle or ‘U’.
Now the price again drops to 95. It removes the ‘weak hands’, before continuing its larger trend in the upward direction.
On the chart, this price movement will look like a ‘Cup and Handle’.
The pattern can form across all time frames and can be used for intraday trading, short-term swing trading and as well as longer-term positions.
From my personal experience, the ‘Cup and Handle pattern’ is more effective on longer time frames like the ‘Daily’ chart.
If the cup and handle pattern is found on ’15 minute’ or lower time frames, it can be used for taking intraday trades on the buy side.
If the pattern is found on longer time frames – 30 minutes up to daily chart – it can be used for swing trading as well as positional trades.
Quick Tips:
Do not look for exact rounding shape pattern. The price movement can be up and down.
Always remember, no pattern is 100% accurate. Always keep a stop loss and be disciplined.
The success or failure of the ‘Cup and Handle pattern’ can also depend on the market sentiment and other factors.
Cup and Handle Pattern Psychology
When a stock has been in an uptrend, it cannot forever move in one direction. There has to be a pullback before the trend continues.
The pullback first, consolidation next and eventual rise – gives it the necessary strength to continue its journey upwards.
The psychology is simple. When a stock has moved up a lot, selling pressure increases. Institutional investors (big players) would want to book profits, this brings the price of the stock down.
After the price corrects, it remains in a range as there is both buying and selling pressure. Meanwhile, the fundamentals also begin to move closer to the price.
The bulls (buyers) begin to take control. The price gradually moves in the upward direction and returns back to its previous high.
Near its top, which is now a resistance, selling pressure comes in. The weaker hands begin to move out during this small ‘shake-off’ phase.
After the formation of the handle, if the buying remains strong – which should be visible from higher volume – the stock is preparing itself to break its previous high and continue its uptrend.
The entire cup and handle pattern is nothing but a ‘correction’– allowing the fundamentals to catch-up before starting a fresh move upwards.
How to trade Cup and Handle Pattern
A lot of people can accumulate a stock during the formation of the cup itself, but this article is about the ‘Cup and Handle pattern’ and the trade is only taken after the entire formation is complete.
Before that, we wouldn’t even know it is a ‘Cup and Handle’.
Once you spot the pattern on the chart, you wait for a breakout which should be backed by higher volume.
The trade is taken above the cup and the stop-loss is the handle.
The image below should help you understand this a lot better.
Cup And Handle Pattern Target
Possible Entry: When the price breaks the trend-line of the handle, this can be a place where a ‘buy trade’ can be taken. This is a riskier trade, because the top of the cup can still act as a strong resistance.
Resistance: The top of the cup and handle pattern will act as a strong resistance. At this point, selling pressure can always come which can take the stock down again. Confirmation comes when the stock breaks the resistance with volume and starts to go higher.
Confirmed Entry: When the price breaks the top of the cup with volume, it is a sign that the stock is likely to rise further. Even though this is called a ‘confirmed entry’ point – always keep a stop loss – even when there is confirmation on the chart.
Target 1: The first target is the price range of the handle. The price from the top of the handle to the bottom – is how much it should move up. This is for short term trades.
Target 2: The second target is the size of the cup. The price drop from the top of the cup to the bottom. For example, if the price at the top of the cup is ? 100 and bottom of the cup is ? 80. The fall was ? 20. After the breakout, the stock should ideally move ? 20 – i.e. from ? 100 to ? 120.
Stop Loss: The first stop loss when taking the trade is the bottom of the handle. If the price breaks the ‘Cup and Handle’ resistance, it should not come down below the bottom of the handle. If it does, the trader should take a loss and exit the stock. Do remember, being disciplined and taking losses when the trade fails is very important.
Volume Increase: Notice how the volume spikes when the stock begins to break the handle formation. The volume increases for the second time when the stock breaks the cup and handle resistance.
Cup and Handle Pattern Trading Example
This is a real example of ‘Cup and Handle Pattern’ formation. A trade which made me quite a bit of money.
Cup and Handle Pattern Indian Stock Example
The name of the stock is ‘Steel Authority of India Limited’, also called as ‘SAIL’. Do note, names discussed here are for educational purposes only. We do not give stock recommendations. Every trade carries a risk of loss – more so if you are new to the market and do not understand what you are doing.
Back to the example. SAIL had created a beautiful cup and handle pattern.
This is how I traded the stock:
The first time I bought SAIL was at around ? 76, when there was a breakout above the handle. It was backed by good volume as you can see in the image above.
The stop loss was ? 68.
The second transaction, with higher quantity purchase, was when the resistance of the entire pattern was broken on the upside. This was when the price was between ? 81-82. Again it was backed with good volume.
From here, I kept a trailing stop loss and continued to ride (hold) the stock.
After hitting the first target, the stock moved in the same range.
After it broke the range, I kept the low of the range as the stop loss. It was around ? 85.
I continued to hold it, till my stop loss was taken out at ? 126 on the 14th of May 2021.
Generally, I do not trade every ‘Cup and Handle Pattern’ that I see on the chart. It’s important to know why I decided to take a buying position in SAIL.
Here are some reasons (not all of them have been mentioned):
The stock was in an uptrend. The first rule of ‘Cup and Handle pattern’ was fulfilled.
The broader market sentiment was positive. Nifty has been in an uptrend for nearly a year between 2020-2021 and has shown no sign of weakness.
Metals were in a strong uptrend too, it’s always good to look at the index a stock belongs to.
SAIL belonged to the Nifty Metal index which is also called CNX Metal.
I also looked at a few other indicators, which I use.
Overall, the market was bullish. Metal index was bullish. SAIL was in an uptrend and was undergoing a correction, during which a ‘Cup and Handle’ was forming. All boxes ticked.
The trade was taken. And just incase the trade still did not go my way, there was always a stop loss.
This is how trades should be planned and executed. Doing this increases the probability of the trade going in your favour.
If the market sentiment is weak, the chances of the trade working is much lower as compared to taking a position in a market uptrend.
Another important tip: If you find a cup and handle pattern on smaller time frames, check out the larger trend in higher time frames.
For example, if you find a cup and handle on 15-minute time frame, it makes sense to go higher to the daily time frame and check which way the stock has been moving.
If it looks bullish on 15-minute chart and it has been on a downtrend in the daily chart – then, ideally, you should not take the trade.
Chances of a trade going in your favour increases when you are taking a trade in the direction in which a stock is moving and not against it.
That’s about it for the article. We have covered the Cup and Handle pattern in extreme detail. If you still have any questions, post them in the comments section below.
Follow us on Twitter."
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New Company Listings, including
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Here is the test question : Pls name the CEO ?
$AHRO IMHO ignore he noise about late flings...new people have been brought on board...:)
well done !!
Authentic Holdings, Inc. to Acquire Movie and Television Library in an $11 Million Transaction
GlobeNewswire08:30:00 AM ET, 03/19/2025
Form 8-K Authentic Holdings, Inc. For: Mar 13
US Securities and Exchange Commission06:00:00 AM ET, 03/14/2025
Authentic Holdings To Reduce Debt by over $2 Million While Achieving Substantial Revenue Growth
$AHRO [/b""]Two Pay Per Views are in the bag I understand and they are now working with a manager in the music business that will bring opportunities for Maybacks to broadcast live shows either sponsor driven or PPV driven to a global audience. Looks like mid to late April the partnership with Whale TV takes flight. Vast Tag ad revenue now to be added on top or insert ad revenue. Inster ads will account for over $1.2 million in revenue at the pace they are going at with just 3 of 42 channels being marketed to advertisers. Add back Vast Tag revenue across their streaming platform and 2025 is a very profitable year for Maybacks it appears.""
They are also in negotiations with one of the top 5 soccer players in the world for an Authentic Heroes roll-out. Will come to the forefront after the Tommy DeVito roll out in May. CG is bringing it home.
By the way Maybacks has a channel called "Winnies World" for the children we have here on this IHUB thread like Get Rich Not and the fake sesnsei M 0----- R ^ T A or bka Wax On Wax Off in Las Vegas.
oh woooooo is me.what should i do?
ty but its almost time for me to stop trading !!
ty i did just that :)
can u advise the significance of a cup and handle reading?
Nothing could be finer than finding free $$$ imho
Places to Find FREE Plus-1 Faucets
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Strange how some can support certain stocks that are proven losers($MULN) and ignore others that have increased over 400% in the past year. ($AHRO)
$AHRO I would like to ty personally as having you on board is very significant imho
"AHRO great interview the other night. He answered all of your questions and I understand you were very angry that he was able to. Like Golden Cross said; "Fortunes will be made!" IMNHO ("not so humble opinion"). I am sure you own some equity after that interview. AHRO is lining it all up. Plenty of catalysts are on the horizon and they are now going to be working on a financing that is non dilutive and could raise several million dollars. Its a brilliant idea how they will go about it and it will fully finance two of the operations in Authentic Heroes and Maybacks. Glad to have you on board finally. Your a believer awesome!!!
[Suppressed Image]"
Holy Moly.......almost ...every trade today was a heartthrob buy :)
Price Size Type B/S Bid Price Ask Price Buy Ind. Total Volume Num Exch.
14:55:39 0.0018 11,196 Buy 0.0017 0.0018 576,605 25 nasd
14:55:12 0.0018 2,777 0.0017 0.0019 565,409 24 nasd
14:55:02 0.0018 10,000 Sell 0.0018 0.0019 562,632 23 nasd
14:08:28 0.0019 2,631 Buy 0.0018 0.0019 552,632 22 nasd
13:06:53 0.0019 5,000 Buy 0.0018 0.0019 550,001 21 nasd
13:06:50 0.0019 55,619 Buy 0.0018 0.0019 545,001 20 nasd
13:06:49 0.0019 14,381 Buy 0.0018 0.0019 489,382 19 nasd
13:06:49 0.0019 70,000 Buy 0.0018 0.0019 475,001 18 nasd
13:06:49 0.0019 42,106 Buy 0.0018 0.0019 405,001 17 nasd
13:06:48 0.0019 67,894 Buy 0.0018 0.0019 362,895 16 nasd
13:06:44 0.0019 110,000 Buy 0.0018 0.0019 295,001 15 nasd
12:21:25 0.0018 1 Sell 0.0018 0.0019 185,001 14 nasd
11:56:46 0.0018 89,976 Buy 0.0017 0.0018 185,000 13 nasd
11:27:24 0.0018 10,000 Buy 0.0017 0.0018 95,024 12 nasd
11:27:18 0.0018 10,000 Buy 0.0017 0.0018 85,024 11 nasd
10:56:47 0.0018 2 Buy 0.0017 0.0018 75,021 9 nasd
10:56:47 0.0018 2 Buy 0.0017 0.0018 75,019 8 nasd
10:56:47 0.0018 3 Buy 0.0017 0.0018 75,024 10 nasd
10:56:46 0.0018 10 Buy 0.0017 0.0018 75,017 7 nasd
10:56:44 0.0018 3 0.0017 0.0019 75,007 6 nasd
10:56:44 0.0018 2 0.0017 0.0019 75,004 5 nasd
10:56:44 0.0018 2 0.0017 0.0019 75,002 4 nasd
09:39:44 0.0019 9,000 Buy 0.0017 0.0019 75,000 3 nasd
09:39:30 0.0019 10,000 Buy 0.0017 0.0019 66,000 2 nasd
09:39:21 0.0019 56,000 Buy 0.0017 0.0019 56,000 1 nasd
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$AHRO wow great update !!
Monday!! ...monday !!!!sing it Mama Cass :)
https://www.bing.com/videos/riverview/relatedvideo?&q=cass+elliot+songs+monday+mondays+lyrics&&mid=ACB5C5DEDC4B4E9C8074ACB5C5DEDC4B4E9C8074&&FORM=VRDGAR
I hope this helps us all understand now what $AHRO is truly worth !!!
https://www.sec.gov/ix?doc=/Archives/edgar/data/0001338929/000147793224007562/ahro_8k.htm
Section 8 – OTHER EVENTS
"Item 8.01 other events
On November 21, 2024, Authentic Holdings, Inc. (the “Company”) received a valuation report from IXA Advisors on the Company’s purchase of Maybacks Global Entertainment LLC (“Maybacks”) on April 26, 2023, and license agreement with Goliath Motion Picture Productions (“Goliath”) on June 20, 2023, together the “Strategic Transaction” (the “Maybacks Purchase” and the “Goliath License”).
On September 17, 2024, the Company retained IXA Advisors to perform a fair value analysis, under accounting standard ASC805 or similar, of the Company’s Strategic Transaction. As a result, IXA Advisors analyzed the financial statements and supporting exhibits of the entities and assets and prepared a report to enable users of the Company’s financial statements to evaluate the nature and financial effect of the combined Strategic Transaction on the Company.
On April 26, 2023, the Company entered into a Membership Interest Purchase Agreement with Maybacks, and the members of Maybacks. As a result of the transaction, Maybacks became a wholly owned subsidiary of the Company. Maybacks is a 27-channel network at the time of the purchase (now 43 channels) whose programming is carried by Roku, Direct TV, Local Now and many other platforms giving it an FCC reach of over 450,000,000 worldwide. In accordance with the terms of the Purchase Agreement, at the closing an aggregate of 100,000 shares of the Company’s newly created Series C Preferred Stock were issued to the holders of Maybacks in exchange for their membership interests of Maybacks.
On June 20, 2023, the Company closed a License Agreement with Goliath. On the Closing Date, the Company licensed various full-length motion pictures and serial television shows for a period of 10 years. In exchange for the license, the Company issued to the Seller 100,000 shares of the Company’s Series D Preferred Stock, par value $0.001 with stated value of $50 per share ($5,000,000).
Because Maybacks’ assets are highly concentrated in one technology platform, ASC805 requires the transaction to be treated as an asset purchase rather than a business acquisition. Additionally, at the time of the purchase, Maybacks had minimal employees, minimal liquidity, and limited sales/marketing with live customers (i.e., inputs) allowing it to perform an acquired process critical to generating revenues, further substantiating that the Maybacks transaction should be treated as an asset purchase under ASC806."
Bullish
Bullish
Tweet
I hope all understand now what $AHRO is truly worth !!!
https://www.sec.gov/ix?doc=/Archives/edgar/data/0001338929/000147793224007562/ahro_8k.htm
Section 8 – OTHER EVENTS
"Item 8.01 other events
On November 21, 2024, Authentic Holdings, Inc. (the “Company”) received a valuation report from IXA Advisors on the Company’s purchase of Maybacks Global Entertainment LLC (“Maybacks”) on April 26, 2023, and license agreement with Goliath Motion Picture Productions (“Goliath”) on June 20, 2023, together the “Strategic Transaction” (the “Maybacks Purchase” and the “Goliath License”).
On September 17, 2024, the Company retained IXA Advisors to perform a fair value analysis, under accounting standard ASC805 or similar, of the Company’s Strategic Transaction. As a result, IXA Advisors analyzed the financial statements and supporting exhibits of the entities and assets and prepared a report to enable users of the Company’s financial statements to evaluate the nature and financial effect of the combined Strategic Transaction on the Company.
On April 26, 2023, the Company entered into a Membership Interest Purchase Agreement with Maybacks, and the members of Maybacks. As a result of the transaction, Maybacks became a wholly owned subsidiary of the Company. Maybacks is a 27-channel network at the time of the purchase (now 43 channels) whose programming is carried by Roku, Direct TV, Local Now and many other platforms giving it an FCC reach of over 450,000,000 worldwide. In accordance with the terms of the Purchase Agreement, at the closing an aggregate of 100,000 shares of the Company’s newly created Series C Preferred Stock were issued to the holders of Maybacks in exchange for their membership interests of Maybacks.
On June 20, 2023, the Company closed a License Agreement with Goliath. On the Closing Date, the Company licensed various full-length motion pictures and serial television shows for a period of 10 years. In exchange for the license, the Company issued to the Seller 100,000 shares of the Company’s Series D Preferred Stock, par value $0.001 with stated value of $50 per share ($5,000,000).
Because Maybacks’ assets are highly concentrated in one technology platform, ASC805 requires the transaction to be treated as an asset purchase rather than a business acquisition. Additionally, at the time of the purchase, Maybacks had minimal employees, minimal liquidity, and limited sales/marketing with live customers (i.e., inputs) allowing it to perform an acquired process critical to generating revenues, further substantiating that the Maybacks transaction should be treated as an asset purchase under ASC806."
Bullish
Bullish
Tweet
well said !!! Pete !!!
$AHRO this should help all understand what $AHRO is truly worth !!!
https://www.sec.gov/ix?doc=/Archives/edgar/data/0001338929/000147793224007562/ahro_8k.htm
Section 8 – OTHER EVENTS
"Item 8.01 other events
On November 21, 2024, Authentic Holdings, Inc. (the “Company”) received a valuation report from IXA Advisors on the Company’s purchase of Maybacks Global Entertainment LLC (“Maybacks”) on April 26, 2023, and license agreement with Goliath Motion Picture Productions (“Goliath”) on June 20, 2023, together the “Strategic Transaction” (the “Maybacks Purchase” and the “Goliath License”).
On September 17, 2024, the Company retained IXA Advisors to perform a fair value analysis, under accounting standard ASC805 or similar, of the Company’s Strategic Transaction. As a result, IXA Advisors analyzed the financial statements and supporting exhibits of the entities and assets and prepared a report to enable users of the Company’s financial statements to evaluate the nature and financial effect of the combined Strategic Transaction on the Company.
On April 26, 2023, the Company entered into a Membership Interest Purchase Agreement with Maybacks, and the members of Maybacks. As a result of the transaction, Maybacks became a wholly owned subsidiary of the Company. Maybacks is a 27-channel network at the time of the purchase (now 43 channels) whose programming is carried by Roku, Direct TV, Local Now and many other platforms giving it an FCC reach of over 450,000,000 worldwide. In accordance with the terms of the Purchase Agreement, at the closing an aggregate of 100,000 shares of the Company’s newly created Series C Preferred Stock were issued to the holders of Maybacks in exchange for their membership interests of Maybacks.
On June 20, 2023, the Company closed a License Agreement with Goliath. On the Closing Date, the Company licensed various full-length motion pictures and serial television shows for a period of 10 years. In exchange for the license, the Company issued to the Seller 100,000 shares of the Company’s Series D Preferred Stock, par value $0.001 with stated value of $50 per share ($5,000,000).
Because Maybacks’ assets are highly concentrated in one technology platform, ASC805 requires the transaction to be treated as an asset purchase rather than a business acquisition. Additionally, at the time of the purchase, Maybacks had minimal employees, minimal liquidity, and limited sales/marketing with live customers (i.e., inputs) allowing it to perform an acquired process critical to generating revenues, further substantiating that the Maybacks transaction should be treated as an asset purchase under ASC806."
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AHRO
Authentic Holdings Inc (PK)
0.0018
-0.0001 (-5.26%)
$AHRO this should help all understand what $AHRO is truly worth !!!
https://www.sec.gov/ix?doc=/Archives/edgar/data/0001338929/000147793224007562/ahro_8k.htm
Section 8 – OTHER EVENTS
"Item 8.01 other events
On November 21, 2024, Authentic Holdings, Inc. (the “Company”) received a valuation report from IXA Advisors on the Company’s purchase of Maybacks Global Entertainment LLC (“Maybacks”) on April 26, 2023, and license agreement with Goliath Motion Picture Productions (“Goliath”) on June 20, 2023, together the “Strategic Transaction” (the “Maybacks Purchase” and the “Goliath License”).
On September 17, 2024, the Company retained IXA Advisors to perform a fair value analysis, under accounting standard ASC805 or similar, of the Company’s Strategic Transaction. As a result, IXA Advisors analyzed the financial statements and supporting exhibits of the entities and assets and prepared a report to enable users of the Company’s financial statements to evaluate the nature and financial effect of the combined Strategic Transaction on the Company.
On April 26, 2023, the Company entered into a Membership Interest Purchase Agreement with Maybacks, and the members of Maybacks. As a result of the transaction, Maybacks became a wholly owned subsidiary of the Company. Maybacks is a 27-channel network at the time of the purchase (now 43 channels) whose programming is carried by Roku, Direct TV, Local Now and many other platforms giving it an FCC reach of over 450,000,000 worldwide. In accordance with the terms of the Purchase Agreement, at the closing an aggregate of 100,000 shares of the Company’s newly created Series C Preferred Stock were issued to the holders of Maybacks in exchange for their membership interests of Maybacks.
On June 20, 2023, the Company closed a License Agreement with Goliath. On the Closing Date, the Company licensed various full-length motion pictures and serial television shows for a period of 10 years. In exchange for the license, the Company issued to the Seller 100,000 shares of the Company’s Series D Preferred Stock, par value $0.001 with stated value of $50 per share ($5,000,000).
Because Maybacks’ assets are highly concentrated in one technology platform, ASC805 requires the transaction to be treated as an asset purchase rather than a business acquisition. Additionally, at the time of the purchase, Maybacks had minimal employees, minimal liquidity, and limited sales/marketing with live customers (i.e., inputs) allowing it to perform an acquired process critical to generating revenues, further substantiating that the Maybacks transaction should be treated as an asset purchase under ASC806."
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AHRO
Authentic Holdings Inc (PK)
0.0018
-0.0001 (-5.26%)