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ALLSTAR HLTH BRANDS INC - ALST STOCK NEWS

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AllStar Health Brands Inc. is a specialty Healthcare Products Company founded in 2017 and based in Miami, Florida. The company is dedicated to improving health and quality of life by offering select nutritional supplements, over-the-counter remedies, and medicines across North America and Europe. AllStar aims to bring new products to the market, provide innovative options for better human health, and grow through acquisitions, mergers, and joint ventures.

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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.

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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.

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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.

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AllStar Health Brands Inc. (OTC PINK:ALST) announced its initial order delivery of equipment and test kits to Apogee Pharmaceuticals on October 15, 2020. President Dr. Daniel Bagi expressed optimism for future orders, highlighting the growing demand for Covid-19 testing as the economy reopens. AllStar offers various testing solutions, including Point-of-Care Antibody and PCR tests, with an antigen test expected soon. Established in 2017, AllStar aims to innovate healthcare products across the Americas and Europe.

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AllStar Health Brands Inc. (ALST) has entered advanced negotiations in Florida to deploy up to three QuikLAB mobile testing units. These units are capable of conducting thousands of tests daily, delivering antibody results within minutes and PCR results in under two hours. The mobile units aim to reduce Covid-19 transmission risks by operating outside retail locations. AllStar plans to supply additional antibody and PCR test kits alongside these units, enhancing their healthcare offerings.

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AllStar Health Brands Inc. (OTCPINK:ALST) announced its initial order for a PCR machine from CO-Diagnostics Inc. This order is part of a program to incorporate CO-Diagnostics' LOGIX Smart TM COVID-19 kits. President Dr. Daniel Bagi highlighted the rising COVID-19 infection rates and the corresponding demand for testing. He emphasized the advantages of the CODX system, including increased accuracy and rapid results, making it suitable for decentralized testing.

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AllStar Health Brands Inc. (OTC Markets:ALST) has entered a Partnership Agreement with an eCommerce Group to enhance its Sales and Marketing capabilities. This strategic move aims to integrate AllStar's high-value health products into the partner's existing infrastructure, which includes merchant processing and digital marketing services. Dr. Daniel Bagi, President, expressed that this collaboration could significantly boost revenue and profit margins in underserved health markets, particularly in Women’s Health. AllStar is dedicated to improving health through innovative products.

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AllStar Health Brands Inc. (OTC PINK:ALST) announced it is in discussions to acquire a revenue-generating company based in the Northeast US, specializing in health supplements targeting diabetes and weight management. These conditions are linked to heightened risks of Covid-19, making the acquisition strategically significant for AllStar's growth. The company aims to expand the distribution of these products across the US and potentially in other Americas. Additionally, AllStar is actively marketing Covid-19 rapid antibody tests and QuikLAB testing modules.

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AllStar Health Brands Inc. (OTC PINK:ALST) has expanded its distribution partnership with TPT Global Tech to include Canada and the US, augmenting their existing agreement for Mexico and Latin America. This collaboration aims to enhance the availability of QuikLAB testing modules for Covid-19, capable of performing up to 50 tests per hour. With a shared commitment to providing rapid testing solutions, AllStar plans to offer FDA-approved antibody and PCR tests to facilitate quick results for better health management during the pandemic.

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Rhea-AI Summary

AllStar Health Brands Inc. (ALST) has entered into a distribution agreement with TPT Global Tech for Covid-19 rapid testing solutions across Mexico and Latin America. The partnership aims to provide QuikLAB testing modules capable of delivering results within hours, addressing rising infection rates in the region. This approach includes mobile testing that can adapt to various locations, enhancing accessibility. The collaboration is expected to ensure a steady supply chain for testing kits amidst increasing demand due to the pandemic.

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FAQ

What is the current stock price of ALLSTAR HLTH BRANDS (ALST)?

The current stock price of ALLSTAR HLTH BRANDS (ALST) is $0.00065 as of October 11, 2024.

What is the market cap of ALLSTAR HLTH BRANDS (ALST)?

The market cap of ALLSTAR HLTH BRANDS (ALST) is approximately 178.4K.

When was AllStar Health Brands Inc. founded?

AllStar Health Brands Inc. was founded in 2017.

Where is AllStar Health Brands Inc. based?

AllStar Health Brands Inc. is based in Miami, Florida.

What products does AllStar Health Brands Inc. offer?

AllStar Health Brands Inc. offers select nutritional supplements, over-the-counter remedies, and medicines across North America and Europe.

What is the goal of AllStar Health Brands Inc.?

The goal of AllStar Health Brands Inc. is to improve health and quality of life by providing innovative options for better human health and growing through acquisitions, mergers, and joint ventures.

What recent partnerships has AllStar Health Brands Inc. been involved in?

AllStar Health Brands Inc. has recently partnered with Tyme Cannabis Co and acquired Italian Football Club, Sanremo.

Who is the CEO of AllStar Health Brands Inc.?

The CEO of AllStar Health Brands Inc. is Peter Wanner.

Where can I find more information about AllStar Health Brands Inc.?

For further information, you can contact Peter Wanner, the CEO of AllStar Health Brands Inc., at 416-918-6987 or visit the company's website at www.allstarhealthbrands.com.

ALLSTAR HLTH BRANDS INC

OTC:ALST

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ALST Stock Data

178.38k
2.03%
Pharmaceutical Retailers
Healthcare
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United States of America
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