Once again, pulling a rabbit out of the hat, one of our VIP members, who I personally dubbed “DD KING” has helped out quite a bit in piecing together what might just be the next best penny stock on the OTC. After sifting through so many piles of garbage, we came across All American Sportpark Inc. (OTC: AASP) and were literally thrown off of our seats when we discovered it. Although trading recently would indicate that to most that it’s not worth paying attention to until the volume levels pick up, once you see what the VIP members saw about who’s involved with AASP stock, you will see why the “Wimbledon-ish” type qualities behind the scenes could make this a golden ticket worth buying into.
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AASP Stock Quote
Market Cap: 8.14M
Last: 1.80 ▼ 0.09(4.76%)
Dollar Volume: $25,632
Issued and Outstanding: 4,522,123
1st Resistance Point: 1.95
2nd Resistance Point: 2.10
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In our skype chat, we were able to share with a number of our VIP members our thoughts about what we discovered about both what All American Sportpark is currently doing and how the addition of certain inside players was sure to affect the share price of AASP. From 0.25 just 2 weeks ago, market maker NITE has been getting served each and every day until finally surrendering yesterday.
Firstly, All American Sportpark is a positive EBITDA reporting company as they currently stand. They have a 51% ownership in All-American Golf Center which is located just off the Vegas strip and provide back office support for the Saint Andrews Golf Shop, the Las Vegas Golf and Tennis and Las Vegas Golf and Tennis Superstore.
Within their revenue model, All American Sportspark had a $250,000 annual contract from Callaway Golf Company which is set to be terminated at the end of this month. The termination is caused due to the Company’s entry into a Golf Center Sponsorship Agreement with Taylor Made Golf Company, Inc., dba TaylorMade-Adidas Golf Company, pursuant to which the golf center operated by the Company will be rebranded using TaylorMade® and other TaylorMade-Adidas trademarks.
But wait, did you think AASP was running up 660% was because this was a Company focused on people coming to the driving range, 9-hole golf course they operate or buying golf and tennis equipment?
One of the biggest insiders in AASP is ASI Group, LLC / Investment AKA, LLC in care of Agassi Enterprises, Inc. Yes, Agassi Enterprises as in Andre Agassi, aka Wimbledon Champion and husband of another Wimbledon Champion. Steffi Graf. There is nothing that Agassi Enterprises has had a finger on that hasn’t had the “midas touch”.
How did we know AASP stock was going to be a golden ticket not to be flipped?
We knew it when we discovered it , but that was proven when, on April 17, 2013, the Board of Directors of the of All-American SportPark, Inc. elected Steven Miller to serve as a Director of the Company to fill the vacancy created by the recent resignation of William Kilmer from the Board. Steven Miller, age 69, has been the Chief Executive Officer of Agassi Enterprises and Agassi Graf Holdings since January 2009.
The Board of Directors of the Company who elected Miller are basically comprised of the Boreta brothers: Ron, John and Vaso. Andre Agassi and Ron Boreta go way back as Boreta can be found on virtually every single enterprise Andre and/or Agassi Enterprises is involved with off the court. Therefore, the appointment of Andre’s top man only solidifies that AASP stock is seeking something bigger under it than a golf pro shop.
Just a couple days ago, NITE had its trading platform implode as it was unable to hold back any further after the Company received approval from the SEC for confidential treatment which allows for certain financial information to be excluded for the viewing public.
NITE caved in since the float on AASP stock is so tightly held and no one holding shares is willing to sell just yet that they were forced to cave yesterday allowing the share price to jump 110% on volume of just 26,100. If you look at AASP on any Level 2 screen, you will see wh this move was significant for the future of AASP.
About AASP Stock
All American Sportpark, Inc., since October 1, 1997 has operated a golf facility called the “Callaway Golf Center” ™, on approximately 42 acres of land located on Las Vegas Boulevard in Las Vegas, Nevada.
Click here to view the SEC filings for AASP.
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The insiders and recent confidential treatment order approval all indicate that AASP is a must have penny stock for anyone who can avoid flipping. Rumors have some major changes coming with the recent appointment of Andre’s right hand man in Steven Miller, especially since the wording alone of the 8-k suggests that AASP stock is a must own long:
The election of Mr. Miller to the Board of Directors may be considered to be a result of the relationship of Mr. Miller to Andre Agassi.
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