Clear lack of DD in this response.
First, the ticker symbol is ALPP, not AIPP.
(No one should really read after that lol, but let’s keep going anyway)
Second, a conglomerate is a number of different things or parts that are put or grouped together to form a whole but remain distinct entities.
Since $ALPP is 6 different and distinct operating subsidiaries, brought together under a holding umbrella, to form “the whole” of $ALPP, the word conglomerate is EXACTLY RIGHT.
$ALPP by the way is a $43M business (yes $43M of actual, existing business). $ALPP is NOT empty shell, stinky pinky trash.