24/7 Sports Stock Investing Website goes Public

[Peebs]

Costa Rican Soccer Federation Becomes...

The First official league partnership for ASM.

Posted: 7/14/05 6:39 pm (FROM ASM PRESIDENT on ASM FORUMS)

Good afternoon, Everyone.


I just completed a call with my good friend and ASM lead counsel. And, I can comfortably say that it was the most important phone call of my professional life.


The Board of Directors of the Costa Rican Soccer Federation has accepted our deal for cross sponsorship and promotion.


This is a very good day for AllSportsMarket and everyone involved.


This is a first step of many to come.


This is a substantial milestone for ASM. In fact, this is the most important development to date.


It firmly establishes that AllSportsMarket.com is NOT an online gambling site by legal and functional definition. And further, this creates the first true partnership with a covered team inside a covered league.


Where there is one, there will be two.
Where there are two, there will be three or four.
Once three or four are set, the rest will come running as not be *left out*.


We are expecting press attendance of this deal signing. When the details are known, I'll convey them.


It is a bold undertaking but so is this entire concept.


Chris

Ladies and Gentlemen,​

​

This is amazing news as it will set the precedent for future League Partnership agreements across all leagues and sectors. ​

​

I will keep you all posted as to the developments.​

 

[joelatti]

PEEBS please explain this....... FIGUA is the stock

This looks like one person manipulating a stock...upwards yes, but the same goes for a big loss....This all happened when the other buy orders were at 2-3 bucks maybe I'm missing something....this stock was 5 bucks at 3:20pm than on orders of 1 share per order rose to 10/15/25/35/50/75...seems like someone would have bought MORE than ONE share at some lower price than artificially driving the price up.

<CENTER>Order Streamer</CENTER><TABLE cellSpacing=1 cellPadding=1 width=105 bgColor=#cccccc border=0><TBODY><TR><TH> Price</TD> <TH>Size</TD></TR> <TR><TD class=rowa align=right>+75.00 </TD><TD class=rowa align=right>1 </TD></TR><TR><TD class=rowb noWrap align=middle colSpan=2>7/18 4:27 PM</TD></TR><TR><TD class=rowa align=right>+50.00 </TD><TD class=rowa align=right>1 </TD></TR><TR><TD class=rowa align=right>+35.00 </TD><TD class=rowa align=right>1 </TD></TR><TR><TD class=rowa align=right>+25.00 </TD><TD class=rowa align=right>1 </TD></TR><TR><TD class=rowa align=right>+15.00 </TD><TD class=rowa align=right>1 </TD></TR><TR><TD class=rowb noWrap align=middle colSpan=2>7/18 4:26 PM</TD></TR><TR><TD class=rowa align=right>+10.00 </TD><TD class=rowa align=right>1 </TD></TR><TR><TD class=rowa align=right>+5.10 </TD><TD class=rowa align=right>1 </TD></TR><TR><TD class=rowb noWrap align=middle colSpan=2>7/18 3:20 PM</TD></TR><TR><TD class=rowa align=right>-5.05 </TD><TD class=rowa align=right>1 </TD></TR><TR><TD class=rowb noWrap align=middle colSpan=2>7/18 3:11 PM</TD></TR><TR><TD class=rowa align=right>+5.19 </TD><TD class=rowa align=right>1</TD></TR></TBODY></TABLE>

 

[Peebs]

This is clearly a paper gain joe,

It seems as though a new investor is testing the limits of the market.

The commissions he paid on buying and selling to him/herself is rediculous (do the math @ 5% per transaction). This user will lose money because no one in their right mind would pay those prices.

Not sure if you are aware , but there is a lock page on the reasearch submenu (top left) that keeps track of fast moving issues. Management locks the stock until a certain time once a review is made to see if any trading activity was fishy. It also serves as a great indication of what stocks are dropping and moving and gives other traders who own an interest to step in and price control the issue.

A Paper gain is nothing remember, that in order to cash out your investment there always has to be a buyer on the other end who agrees with the tangible value of owning an issue.

New investors just need to be informed of these activites and not fall into a trap of taking MARKET price for granted.

That is something I have not yet explained.

ASM, took away the word MARKET in the PRICE BOX on the trading screen because if left in - new users were buying issues at the highest sell order on the board. They have since taken out the word Market on the screen, however, if the price box is left blank and a buy order is executed with sufficent funds on one end, it still defaults to the highest price on the board. This is a tech glitch that the developers are working on. That is why in the tutorials, IT IS IMPERATIVE that users set their own price for their purchases.

This is why you saw the low sell orders skipped, enroute to the silly 75 dollars/share price.

That user may have 20 shares @ 75 now ... but he spent a rediculous amount on comissions to get there, and in the end will only LOSE money. Yes the game pot increased as a result as wel.. but this will be split among all 250 shares in the float and the subsequent users.

the default blank to market price is on the list of glitches they are working on to avoid this type of scenario.

The best I can say, is that if anyone here is interested in really getting into this site : Please read all the rules in the tutorial section as well as the most informative document www.asmrules.com which has EVERYTHING to get started!

Cheers.

 

[joelatti]

Thanx peebs...I appreaciate your insight...and if you don't mind I would still like to ask you questions as they arise.

 

[Peebs]

My pleaseure Joe,

I will be here to answer anyones questions about this new concept.

Cheers

 

[GreenDoberman]

Definitely looks like something of interest, but I agree that until the volume substantiates it is something that may or may not pan out. Keep in mind, I am rooting for it to pan out because this is something that fascinates me, the synergy of the equity markets with sports betting, but right now it is a wait and see proposition for me.

 

[Peebs]

Definitely looks like something of interest, but I agree that until the volume substantiates it is something that may or may not pan out. Keep in mind, I am rooting for it to pan out because this is something that fascinates me, the synergy of the equity markets with sports betting, but right now it is a wait and see proposition for me.

Doberman,

Thank you for your thoughts. You will see huge volume movement over the next 4 months as the FALL sports lineup goes into full effect.

I can also tell you that a lot of money will be directed at marketing initiatives in target markets across North America in the coming months.

But I agree, it will be interesting to see how the market develops coming up to its 1 year anniversary this AUGUST.

The next big entry point for this market from the perspective of a new investor willbe August 28th when 30+ NHL teams will be released, which management states will be the largest release to date. I expect floats to be in the 1000s for these NHL shares as the market normalizes to the forced splits of existing lower float leagues.

Price will come down as floats go up, and this will spark more trading in my view.

Hey I could be wrong, but I see such a huge potential for this especially with league partnerships for cross promotion in the works. Costa Rica has added a huge vote of confidence and credibility by entering into an agreement with this business entity. The press release is scheduled for August 1st I believe, and the details will be made public.

I will be sure to update the status of that information.

Good night!

 

[Peebs]

Sunday July 24th 2005

Just wanted to update this thread and give you all the most current information of the Forced Split Schedule taking place leadiung up to the NHL IPO release on the 28th of August.

The following leagues will split on the listed date if they are over $25. The ORDER STREAMER will show a 1 share trade after the split so new users and those not paying attention will know what the new price is.

If you were to get in some of these teams before teh split date you can get some nice 2 for 1 action goin on some good teams for long term growth and profit.

The coming weeks will be an exciting time at ASM as the heart of the sports year fast apporaches.

There is a ton of dividends to payout in the fall, and it will be common for some traders to pull in almost $5-6000 US after their NFL or NCAAF teams win there first game.

The Market is still in infacny ladies and gents, not to late to get in before the action and traffic picks up.

Enjoy.

July 23/24
1. Soccer - Brazil
2. NASCAR
3. FIFA - A List
4. Soccer - Greece

July 30/31
1. PGA
2. NCAA Football
3. Soccer - France
4. Soccer - Germany

August 6/7
1. NCAA Basketball
2. Soccer - Italy
3. Soccer - Scotland
4. Mens's Tennis

August 13/14
1. AFL
2. Tennis - Women's
3. Soccer - U.K.
4. WNBA

August 20/21
1. European Golf
2. CFL
3. Soccer - Holland
4. NBA

August 27/28
1. MLB
2. NFL
3. NFL - Europe

 

[Peebs]

July 26th 2005

Hey guys a whole lot of stuff going on at ASM.

1) The ASM company store just opened today. You can access it through your MY ACCOUNT USER MENU. They are selling some promotional materials and really neet buisness cards to pass out to your friends with the latest BONUS offers and New User incentives. Check em out!

​

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​

​

2) ASMRADIO.COM NHL IPO Charity Raffle​

Here is how it works:

1. Each entry is $5 (no bonus funds).

2. No limit to the number of entries.

3. The entire $5 will be given to the charity of your choice (5 to choose from or we'll select for you):
a. United States cause
b. Canadian cause
c. European cause
d. Costa Rican cause
e. Global cause
* Feel free to contribute input here during our selection process.


We will draw the following prizes:

1. Two authentic NHL memorabilia pieces with a special ASM 'touch*. Details and pictures will be posted here.

2. Five grants for commission free trading of all NHL teams on IPO Sunday.

3. Five $100 gift certificates to the ASM Online Store.

4. Five $500 bonuses

5. And the GRAND PRIZE: The first fully functional broker/market maker seat on AllSportsMarket.com complete with tools and opening funds (as a loan).

The winners will be selected and read live during the 2 hour ASMRadio.com show on Saturday August 27, 2005 starting at 12:00 noon Eastern.


You guys should sign up just for this contest :howdy: , it rocks!!

Have a great night everyone!

 

[Peebs]

Sunday July 30th 2005

Just wanted to let you guys know that a whole list of SOCCER IPOS are being released starting at 12 pm est today. If you are interested grab some shares at some great prices. Here is the list!

Here is the complete list:

12:00p (noon) Eastern:

Team SYMBOL Price

Club America MCA 5
Atlante MATL 4.78
Atlas MATLA 4.56
Cruz Azul MCRUZ 4.34
Guadalajara MGUA 4.12
Jaguares C MJAG 3.89
Morelia MMOR 3.67
Necaxa MNEC 3.45
Pachuca MPAC 3.23
Santos Laguna MSAN 3
Tiburones MTIB 2.78
Tigres MTIG 2.56
Toluca MTOL 2.34
U.A.G. MUAG 2.12
U.N.A.M MUNA 1.89
San Luis MSL 1.67
Culiacan MCUL 1.45
Monterrey MMON 1.23

Float: 400
All pools: $400

All teams will release simultaneously at 12:00p (noon) Eastern on Saturday July 30, 2005.



The following promoted teams will be released on Saturday July 30, 2005:

3:00p Eastern
Scotland Premier
Team name: Falkirk
Symbol: FALKI
Price: $3.50
Float: 400
Opening pool: $400


3:15p Eastern
France Ligue 1
Team name: Nancy
Symbol: NANC
Price: $3.50
Float: 400
Opening pool: $400


3:30p Eastern
France Ligue 1
Team name: Le Mans
Symbol: LEMAN
Price: $3.50
Float: 400
Opening pool: $400


3:45p Eastern
France Ligue 1
Team name: Troyes
Symbol: TROY
Price: $3.50
Float: 400
Opening pool: $400


4:00p Eastern
German Bundesliga
Team name: Frankfurt
Symbol: FRANK
Price: $3.50
Float: 400
Opening pool: $400



4:15p Eastern
German Bundesliga
Team name: FC Koln
Symbol: KOLN
Price: $3.50
Float: 400
Opening pool: $400


4:30p Eastern
German Bundesliga
Team name: MSV Duisburg
Symbol: MSV
Price: $3.50
Float: 400
Opening pool: $400


4:45p Eastern
Netherlands Eredivisie
Team name: Sparta
Symbol: SPART
Price: $3.50
Float: 400
Opening pool: $400


5:00p Eastern
Netherlands Eredivisie
Team name: Heracles
Symbol: HERA
Price: $3.50
Float: 400
Opening pool: $400


5:15p Eastern
UK Premier
Team name: Sunderland
Symbol: SUND
Price: $3.50
Float: 400
Opening pool: $400


5:30p Eastern
UK Premier
Team name: West Ham
Symbol: WHAM
Price: $3.50
Float: 400
Opening pool: $400


5:45p Eastern
UK Premier
Team name: Wigan
Symbol: WIGA
Price: $3.50
Float: 400
Opening pool: $400


The symbols are active now.

 

[Peebs]

The Allsportsmarket Radio Show is AIRING LIVE from Montreal right now!


www.AllSportsMarket.com/Radio.asp


Check it out!

 

[Peebs]

ASM State of the Exchange

August 2nd 2005

Every month , the CEO and President makes a state of the exchange statement for all traders on allsportsmarket.com.

Here is a recap of last months activity:

State of the Exchange - August 1, 2005

Vital information for July 2005

Shares traded: 288,239
Volume: $8,235,667.88

Index on 7/1/05: 5,005.55
Index on 7/31/05: 5,839.25
Net change: +833.7 (+16.65%)


Trading volume declined slightly during July over June but buyers pushed ahead of sellers driving the index up almost 17% for the month.

The forced split process is now in the second week with everything operating smoothly and on schedule. Preliminary reports confirm that the new sub-$25 resulting price level is attracting new buyers.

Effective today the new affiliate program is in force with more than double previous benefit levels.

With a few more weekends of new soccer releases to go, all eyes are on the NHL IPO release on the last Sunday in August.


Users are reporting a near perfect record in meeting deadlines after recent internal changes.

First partnership contract to execute this week.


Town hall meeting: Wednesday August 3, 2005 at 8:00pm Eastern

Respectfully submitted,
Chris Rabalais
President/C.E.O.
AllSportsMarket.com

 

[Peebs]

Effective immediately.

August 8th 2005 ​

New clients can claim up to a $500 match bonus on their first deposit.

Expires 8/31/05.

Don't forget about AUG 28th and the big NHL IPO release!!


But, on Sunday August 14, 2005, the balance of the FIFA 100 will be released

Sunday August 14, 2005 - 9:00pm Eastern
(1 minute spacing)

SYMBOL TEAM TIME

FISWZ Switzerland :00
FICOT Cote d'lvoire :01
FISLV Slovenia :02
FIIRQ Iraq :03
FIUZB Uzbekistan :04
FIZIM Zimbabwe :05
FIKUW Kuwait :06
FIJOR Jordan :07
FITRI Trinidad & Tobago :08
FIMAL Mali :09
FIAST Australia :10
FIBLR Belarus :11
FIZAM Zambia :12
FIOMA Oman :13
FILAT Latvia :14
FIHUN Hungary :15
FITOG Togo :16
FIANG Angola :17
FIVEN Venezuela :18
FIGHA Ghana :19
FIASA Austria :20
FILYA Libya :21
FICBA Cuba :22
FIQAT Qatar :23
FIBHA Bosnia-Herzegovina :24
FICGO Congo DR :25
FIKYA Kenya :26
FIWLS Wales :27
FIAGA Algeria :28
FIEST Estonia :29
FIPNM Panama :30
FICDA Canada :31
FISCT Scotland :32
FIALB Albania :33
FIHAI Haiti :34
FIUAE United Arab Emirates :35
FIGUI Guinea :36
FIBFO Burkina Faso :37
FIDPR Korea DPR :38
FIICE Iceland :39
FIIND Indonesia :40
FILIT Lithuania :41
FIMAC FYR Macedonia :42
FITHL Thailand :43
FISYR Syria :44
FIGAB Gabon :45
FISIN Singapore :46

All floats: 500
All open at: $2.50
All pools: $250

The symbols are active now.


Great way to try and build the bankroll before NHL's IPO release.

Get Trading!!!

:toast:

 

[joelatti]

Beware!!!! of ALL SPORTS MARKET

:sad3: I have asked for the withdrawal of my funds on 7/25 and have been givin' the runaround for the past two weeks. And this on a 3 figure withdrawal. The place has frustrated me so much, that I have to really wonder what they are up to. I have contacted them 5 times to no avail. Just keep geeting some chat person who gives me a different answer each time. It was really easy to deposit money and has been REALLY!!!! impossible to get it back. IMO STAY AWAY

 

[Peebs]

Joe,

This is not commonplace practice , I can assure you and will look personally into this matter.

I'm sorry you are having some problems, but they will be solved.

Peebs

 

[joelatti]

ALLSPORTSMARKET slow paying

Thank you, and the person I chatted with THREE different times was LILY, NOW yesterday....someone else told me that I have to fill out a form and copy my license and CC and then wait seven business days until the check is mailed out. That would be fine, BUT on JULY 25th I asked for my money and it WAS TAKEN out of my account that day...I have had no access to it for over THREE WEEKS.....What the hell could have been going on...I got no contact from them only the three times I "called" in. SLOW PAYING IN MY BOOK:sad3:

 

[Peebs]

Joe ,

I will get back to you ASAP once I find out whats going on.

Have a great weekend!

 

[joelatti]

OK peebs...Hope to hear from you soon

 

[Peebs]

Just got an email from customer support regarding your issue. They will be in touch with you ASAP.

Just to clarify for you Joe what they told me:

1) The reason his withdrawal request has not been processed on time is because we are waiting on the fax of his identification which is required for a customers first withdrawal

2) Also it is stated in our rules that a customer who has accepted bonus money must wait 30 days to make their first withdrawal and he only waited 13 days.

3) trying to withdraw an amount that is above his cash balance as bonus money canot be withdrawn.

#3 basically means Joe, that if you were to receive $250 in bonus money then you have to have a cash blance of $251+ to withdraw any money. Since from the bonus money you can earn cash dividends and capital gains on your issues.

My bonus amount is almost 600 bucks .. so If i wanted to cash out $1000 through Neteller.. I woulf need to have a cash balance of 1600 ... Does that make sense..

Let me know when your issue is resolved.

I am sorry you are having some problems.. but I know they will be resolved!

 

[joelatti]

Allsportsmarket

I ONLY TRIED TO WITHDRAW MY MONEY , NOT the bonus money....in fact that bonus money is still in my account...IT is MY initial deposit that was HELD FROM ME for THREE WEEKS without any correspondance from them. PEEBS it was not until Thursday, that anyone mentioned the forms to me and that includes the THREE conversation that I had with LILY, who to my understanding is one of 4 customer service reps....so I find it hard to believe she never heard of this process or she forgot to mention it??? And like I said the money was pulled from account and I had NO access to it, I could not trade, nor was I sent a check.....IMO VERY BAD BUISNESS



I will fax in my information and I will let the forum know how long it takes to get YOUR own money back.....THREE WEEKS!!!! For someone to pass along some information....IF I didn't speak with their customer service reps myself I wouldn't have a problem, but after three conversations I was told each time that everything was in order!