Ever since Warren Buffett grew Berkshire Hathaway into a large successful holding company, the world has taken notice and other companies have arrived on the seen in attempts to emulate the business mode. Bell Buckle Holdings, Inc. (OTCM: BLLB), according to OTCMarkets.com, is a holding company that seeks meaningful investments and businesses that it can scale utilizing technology, management and strategic partnerships.
And it seems as though they have already executed on this business model. Headquartered out of Naples Florida, the company announced last June that it had completed a merger with Jump Start Sports, a leading provider of youth sports programs in the United States. The merger shows the company bringing in additional revenue from providing summer camps, preschool sports programs, recreational sports leagues, and after-school enrichment programs. According to the press release, $2 million in revenue was brought into the company via the acquisition.
The 6 month chart shows some support at the 0.0028 level with an average 10 day volume of 1.10 million shares traded. According to OTC Markets, as of Friday, the company had a market capitalization of $2,324,065
Previous to the last acquisition, Bell Buckle Holdings Inc. (OTC PINK: BLLB) had contracted with Max Gaming Studios (www.maxgamingstudios.com) to begin development on the Virtual Robotics League (VRL) (www.virtualroboticsleague.com). Max Gaming has expertise in the “mech” genre of video games, which will allow VRL to rapidly prototype key aspects of the game and begin testing with players.
The CEO Robert Clegg said “Our Virtual Robotics League esports and Jump Start Sports traditional sports will be great together. The Jump Start Sports acquisition gives us an immediate footprint in the youth sports, education and after school markets.”
Last week the company announced via Twitter an update on their FDD, the Franchise Disclosure Document needed to franchise their new acquisition.
Franchise Disclosure Document in progress and expected to be finished by EOY. Then on to making deals with franchisees! Great article that recognizes this is a marathon to create REAL value, not a sprint for traders to make a little! #BLLB #Bullish https://t.co/4KHZHDe0i7
— Bell Buckle Holdings (@bell_buckle) September 14, 2022
Also last week, the company made the watchlist on Top New Guide: 6 Penny Stocks for Today’s Watchlist: WHSI, ATIG, NUMD, NNRX, ALST, BLLB (see article here) and our watchlist here at MicroCapCompany:
This week's OTC 💎 watchlist:$dddx$fbse$bllb$gegi$inkw $wnbd$ggii$tonr$dpls$cybl$mrnj
— MicroCapCompany.com (@microcapcompany) September 12, 2022
No particular order. Do your own DD. Not a recommendation to buy or sell. #otc #OTCMarkets
As of Friday, the total float of the company stood at 648,878,353 shares in addition to Outstanding Shares totaling 830,023,254 (as of 09/14/2022), Restricted Shares totaling 77,267,818 (as of 09/14/2022) and a total Unrestricted Share count of 752,755,436. The company’s 52 Week Range was $0.0001 – $0.0184 with the most recent closing price of $0.0028
