ALLSTAR HLTH BRANDS INC - ALST STOCK NEWS

All Star Health Brand Inc. (OTC PINK:ALST) is collaborating with NFL Tailgate Mobile Game developers to launch Sports Mega Mall, scheduled for November 17, 2022. The project features a 3D Metaverse Sports Village, created with XR-Labs, allowing users to shop and engage with top sports brands. The NFL developers, noted for over 40 million downloads of their games, are excited to introduce new gaming experiences. Their latest game, Tailgate Royale, is in the NFL x Skillz Game Developer Challenge, promising multiple revenue streams for All Star Health brands.

AllStarHealth Brands Inc (ALST) and TGI/Advent Galaxy will showcase the Village Sports and Entertainment Mega Mall on November 17, 2022. This initiative, powered by XR-LABS, represents a significant development in the integration of sports and entertainment. Both companies are collaborating to enhance their offerings and are awaiting a decision from a major sports gaming company regarding participation. The CEOs emphasize the project's transformative potential to elevate their positions in the market.

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.