Alliance MMA Inc (fka AMMA)

[MikeyInTheD]

On the second day this thing traded I called for it to be delisted by the end of 2018. I was getting threats and being trashed on the boards because people are emotionally involved when it comes to sports and stocks. Mix the two and people get really heated when someone points out something will fail miserably. I wrote the research on the stock early on of why no secondary sports company is ever successful. While these leagues can attract a loyal fan following, this is never enough to create shareholder value when these companies are brought public. Just view Major League Football, World Hockey Association and several basketball leagues that have been public over the years. If AMMA is to survive it will do so as a private company that is owned by several promoters and financed with risky loans. Revenue will never be large enough to support the company being a NASDAQ listed company. Shares will trade below a penny in 2019 and eventually the company will stock financial reporting.