Welcome to our dedicated page for Allstar Health Brands news (Ticker: ALST), a resource for investors and traders seeking the latest updates and insights on Allstar Health Brands stock.
The AllStar Health Brands Inc. (ALST) news page on Stock Titan aggregates company-issued updates covering its activities in health, wellness, sports, and entertainment. AllStar’s recent communications describe a combination of healthcare product initiatives and sports-focused projects under the AllStar Health Brands and AllStar Global Brands banners.
News items include announcements about youth soccer development programs, proposed sports complexes, and international soccer-related negotiations. The company has reported work on a multi-use sports and entertainment complex in the Greater Toronto Area, a potential Allstar Sports Centre in collaboration with a major Toronto university, and a planned youth-focused soccer complex concept in the Miami area. These stories outline how AllStar seeks to connect community engagement, athletic development, and facility concepts.
AllStar’s releases also highlight its relationship with the "Be Your Best" AI-driven soccer training platform, describing partnerships to introduce this technology to academies, professional players, and coaches. Additional updates discuss negotiations involving Italian soccer clubs, stadium concepts in northern Italy, and soccer camps and tryouts intended to link youth programs in Canada, the United States, and Europe.
Investors and followers can use this news feed to review how AllStar presents its evolving mix of healthcare products, sports technology partnerships, and proposed sports infrastructure projects. Because many initiatives are described as subject to negotiations, due diligence, and approvals, the news stream provides context on the company’s stated objectives and the status of its announced plans over time.
AllStarHealth Brands Inc (OTC PINK:ALST) announced a partnership with TGI Advent Galaxy/XR-Labs to create a sports Metaverse called Village Sports and Entertainment Mega Mall. This collaboration aims to enhance user engagement in virtual entertainment experiences, supported by a major gaming company. The announcement follows a successful presence at the September 15th Expo, where over 12 companies participated. CEO Peter Wanner expressed excitement about future prospects in the MetaVerse business model and ongoing discussions with potential clients.
AllStar Health Brands Inc (OTC PINK:ALST) announces a joint venture with XR-LABS LLC to develop a MetaVerse Mega Sports Village and Mall. This innovative project will leverage XR-LABS' 3D Metaverse technology, creating a unique shopping and sports experience featuring AI avatars, e-commerce, and NFT capabilities. AllStar's President, Peter Wanner, highlights the venture's potential to generate continuous revenue through attracting customers and lessors. The initiative indicates AllStar's commitment to enhancing its market presence through cutting-edge technology.
AllStar Health Brands Inc (OTC PINK:ALST) has signed a Memorandum of Understanding (MOU) to form a strategic partnership with Media Fusion Inc. The partnership will create AllStar Global Media (AGM), focusing on global health and medical content. AGM plans to cover over 500 million TV homes across 32 countries and 26 languages. AllStar will invest working capital and issue 20 million shares over 24 months, worth approximately $80,000. The new media company aims to enhance media opportunities for the pharmaceutical industry.
AllStar Health Brands Inc (ALST) has mutually agreed with Advent Galaxy to terminate their commercial agreement, initially intended for AllStar to acquire a shareholding and provide marketing services. Both parties have clarified that there are no remaining rights, obligations, or funding requirements from either side, and costs incurred will be covered individually. Despite the termination, AllStar expresses continued interest in Advent's goals and management, indicating potential future collaborations under a new agreement.
AllStar Health Brands (OTC PINK:ALST) announced a significant partnership through its investment holding AdventGalaxy with GIANT.net to develop a cryptocurrency and NFTs. This collaboration aims to establish Advent's presence in the metaverse, potentially tapping into an $8 trillion market opportunity, as noted by Goldman Sachs. The project will feature a virtual Mega Mall, enhancing branding and attracting a younger audience. The initiative is geared towards innovating commerce, entertainment, and culture in digital spaces, positioning AllStar favorably in the growing tech landscape.
AllStar Health Brands (ALST) has signed a Letter of Intent to acquire 25% of Advent Galaxy Inc. for $15 million in Preferred Series B shares valued at $10 each. This investment positions AllStar to enter the metaverse and augmented/virtual reality sectors, with Advent Galaxy's ADVENT MEGA MALL project as a focal point. AllStar has an option to acquire an additional 25% for $20 million within two years. The move aims to expand AllStar's technological footprint while enhancing shareholder value through new market avenues.
AllStar Health Brands (ALST) has secured purchase orders to distribute gummy products, marking a significant step in its product launch strategy. The company will simultaneously develop a dedicated website and execute a comprehensive marketing campaign to boost product awareness. Chairman Richard Goulding emphasized the unique benefits of their offerings, including Sleepy Watermelon, Relief Raspberry, and Calming Mango. Distribution will leverage existing networks, including pharmacies and convenience stores, as AllStar aims to meet demand and educate consumers on the efficacy of its products.
AllStar Health Brands (OTC Pink: ALST) announced a strategic partnership with Virotek Biosciences Inc. to provide rapid COVID testing services to various commercial and civic clients. This initiative caters to employers looking for alternatives to mandatory vaccinations. Additionally, ALST is in the testing phase of a new website and has secured a supply chain for its products, anticipating rapid order fulfillment in the coming days. The company's CEO, Pete Wanner, expressed optimism about the upcoming product launches, leveraging established distribution networks for health equipment and nutraceutical products.
AllStar Health Brands (OTC Pink: ALST) has partnered with Gold River Productions, Inc. to distribute a new line of high-grade CBD gummies, catering to specific consumer health needs, starting in Jamaica and Florida. CEO Pete Wanner expressed excitement over the partnership, emphasizing the unique formulation of Gold River's products. The collaboration aims to leverage existing distribution networks across North America and beyond, addressing pent-up market demand. This venture marks a significant step in expanding AllStar's reach into the nutraceutical sector.
AllStar Health Brands Inc. (OTC Pink: ALST) announces a leadership change as Dr. Peter D. Bagi steps down as CEO to focus on medical research. Peter Wanner, the current CFO with over 30 years of experience, will take over as CEO. The company is pivoting towards COVID-19 testing and vaccine distribution in underserved markets, anticipating revenue from international operations. Wanner emphasized the urgency of addressing the needs created by the Delta variant's surge and aims to develop a pipeline of products to meet demand.