keymaster
17 years ago
I agree. $5/share will probably look like a steal 3 years from now. Actually it probably will long before that when they start trading publicly, I'd guess about 6-9 months before opening date and somewhere around $35/share.
I am not ready to tie up $25k for 3 years. I am better off using that money to make money. Then when they go public, I will just have to pay the going price. At any rate, this project is so awesome, that if Matt succeeds in making it happen it will be unlike anything Las Vegas has ever seen. It's bound to be an instant money-maker. Move over, Steve Wynn!
Thanks for the post, surfbum. You did better than I did when I first heard of the project. I did not even get a reply to my email. Does anybody know what he means by "accredited?"
xsurfbum
17 years ago
I got an e-mail from Matt today.......
here it is
Hi XXXX,
It always pleases me when someone is interested enough in my company to reach out to me directly. J
To answer your question/s:
It is true that our intention is to go public in the future; however, we are not publicly traded now. Currently; the only way to own any stock in our company is if you were to buy from a small private placement (501 reg a) which we use for "friends and family". We sell our common stock for $5.00 per share, we are capitalized with 100 million shares, and we have issued (including 100% of my personal ownership) 24,700,000 shares.
If a portion of our private placement interests you, be advised that you must be accredited, and our minimum is $25,000.00.
With all of the above being said, if you would still like to investigate further, I encourage you to call or e-mail me directly as I am the one and only person who have sold our stock to the 174 individual investors we have . I have no intention to stop that habit now. J
I shall look forward to hearing from you at your convenience.
Kindest regards,
Matt/
Matt A. Rose
President and CEO
Ultimate Sports Entertainment, Inc.
8540 S. Eastern Ave. Suite 200
Las Vegas, Nevada 89123
Office: 702-270-2967
Fax: 702-270-2968
Cell: 702-505-1934
website: www.ultimatesportsresort.com
keymaster
17 years ago
I have been subscribed to their newsletter for a year and a half. So far, I have received nothing. There is an investor link on their home page with a number to call for user name & password. I wonder how private investors such as we could go about investing.
If, as droopeyes said we would be lucky to buy 5,000 shares, that would not be much of an investment either for the company or the investor. For at the current price of .0001, that is only a fifty-cent investment. That would seem to be of little significance for a multi-billion dollar project that needs funding. Why would the company even bother?
I have had no experience with grey sheets, but I've always suspected that somehow a private investor would have to pay considerably more than just buying a few million shares for .0001/share. Just guessing here, but maybe there is a minimum amount of money you would have to invest, like maybe $50,000 or so. Then they would just issue new shares to you. Even that figure would require 500 investors to raise just half the capital needed to fund this project. Aside from that, the outstanding shares would become enormous. No, I think that in reality once shares start becoming actively solicited and traded (and generally know to the public) that the stock price will rise significantly. The company would go quickly to OTC then Nasdaq. When Wynn casinos went public, their stock was offered at $14/share.
Irregardless, any shares we would be able to get now should grow tremendously in value by the time the project is completed and the doors are open. That is not projected to happen for 3 years. I have had this company on the back burner over a year, just waiting for some volume to indicate that it was time for me to jump in. That has not happened yet(only a few shares traded once every month or so), but the project seems to still be going forward and I am still waiting.
balamidas
17 years ago
they have a recent PR!! SUN Becomes First MMA Company at New Vegas Venue
SUN to Produce First MMA Event at New $5B Facility
Last Update: 2:00 PM ET May 25, 2007
DALLAS, TX, May 25, 2007 (MARKET WIRE via COMTEX) -- SUN Sports & Entertainment Inc. (PINKSHEETS: SSPE) announced today that it will be the first Mixed Martial Arts (MMA) Events and Production Company for the upcoming $5 Billion Ultimate Resorts Project in Las Vegas, NV.
Ultimate Sports Entertainment, Inc. unveiled plans for the world's first Las Vegas sports-mega-resort complex; the complex will sit on 116 acres of land targeted in North Las Vegas near the Las Vegas Motor Speedway. Architectural renderings were displayed showcasing the $5 billion project's components including 5,500 rooms, ten sports venues, a 150,000 sq. foot casino (50,000 sq ft. of the casino will be glass enclosed and smoke free), food to satisfy every palate and budget, 1,000,000 sq. feet of dozens of sports activities and a 750,000 sq. foot convention center.
"We are very excited to have SUN deliver their award-winning MMA Event 'Art of War' as our first MMA Event at the Ultimate Sports Resort. With the inclusion of such events we will keep our guests and visitors entertained with so much 'sports' to watch, play, buy and experience that they could not possibly do it all in one day," said Matt A. Rose, President and CEO of Ultimate Sports Entertainment, Inc.
SUN CEO CJ Comu stated, "I love the vision that Ultimate Sports Entertainment has created and we are thrilled to be the premier MMA Event at their incredible upcoming billion dollar facility. SUN is looking to expand the 'Art of War' brand that it has created and deliver its undisputed award-winning events to the millions of growing fans around the world. We see Las Vegas as a great destination of our operations and chance to continue to showcase our fighters and high-energy shows."
The Ultimate Sports Resort is based on a hybrid "Las Vegas casino resort," "destination," and "sports" business model. The final name of the resort will be determined through a naming rights deal similar to those recently associated with stadium, arena and title sponsorships in sports. The resort will provide sports-minded consumers with unparalleled access to state-of-the-art sports products, as well as the finest assembly of sports memorabilia, collectibles and trading cards found anywhere in the world.
"Projects such as the Ultimate Sports Resort are invaluable catalysts for a host of expanded business development opportunities, global exposure, employment opportunities and increased revenues for our city," said Michael Montandon, Mayor of North Las Vegas. "You really can't put a value on how important a project like this will be to the future of North Las Vegas."
For more information on Ultimate Sports Entertainment Inc., please visit their website at: www.ultimatesportsresort.com.
About SUN:
SUN is a Professional Sports & Entertainment Marketing Company. SUN Production Group is a Certified Texas Combat Sports Promoter and produces World Class Boxing and Mixed Martial Arts. The properties of SUN ( www.sunorganization.com), "Art of War" ( www.artofwarlive.com) and International Fighters Association ( www.ifapro.com) are pending trademarks.
Safe Harbor Statement
This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions. Such statements are based on management's current expectations and are subject to certain factors, risks and uncertainties that may cause actual results, events and performance to differ materially from those referred to or implied by such statements. In addition, actual or future results may differ materially from those anticipated depending on a variety of factors, including continued maintenance of favorable license arrangements, success of market research identifying new product opportunities, successful introduction of new products, continued product innovation, sales and earnings growth, ability to attract and retain key personnel, and general economic conditions affecting consumer spending, Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Sun Sports & Entertainment Inc. do not intend to update any of the forward-looking statements after the date of this release to conform these statements to actual results or to changes in its expectations, except as may be required by law.
CJ Comu Chairman/CEO SUN Sports & Entertainment Inc. Office: 972.392.1414 cj@sunorganization.com Matt A. Rose President and CEO Ultimate Sports Entertainment, Inc. Office: 702-270-2967 matt@ultimatesportsresort.com
SOURCE: SUN Sports & Entertainment Inc.
mailto:cj@sunorganization.com mailto:matt@ultimatesportsresort.com Copyright 2007 Market Wire, All rights reserved.
surferbj
17 years ago
ULTIMATE SPORTS ENTERTAINMENT, INC.-ULSP Lawsuit SEC FEDS etc On 2006
I've been doing some google DD and came across this description of ULSP. 1/2006 Anouncement of developement plans, Last News reported by ULSP a Lawsuit 3/2006 This part does not look good..
http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?symbol=ULSP
Company Description
Contact Info
2444 Wilshire Boulevard
Suite 414
Santa Monica, CA 90403
United States
Phone: 310-829-9590
Fax:
-- Ultimate Sports Entertainment, Inc., an entertainment company, engages in the creation, development, and publishing of action/adventure/fantasy stories featuring athletes/celebrities in collectible comic book form. Ultimate Sports titles include athletes, such as Barry Bonds; Mark McGwire; Ichiro; Sammy Sosa; Cal Ripken, Jr.; Derek Jeter; Alex Rodriguez; Roger Clemens; Mike Piazza; Ken Griffey, Jr.; Troy Aikman; Dan Marino; Brett Favre; Peyton Manning; John Elway; Terrell Davis; and others. The company markets its comic books through in-stadium promotional activities by major league baseball teams.
In addition, it engages in retail promotions through corporate team sponsors.
The company was incorporated in 1981 as Edge Investment Company. It changed its name to American Surgical Laser, Inc. in 1983 and to American Surgical Laser-Del, Inc. in 1985. American Surgical Laser-Del changed its name to Eclipse Imports, Inc. in 1997; to Neurochemical Research International, Corp. in March 1999; and to Ultimate Sports Entertainment on April 1999. The company is headquartered in Los Angeles, California.
---------------------------------------------------------------
Key developments
Knockout! Sports Network Inc. Files Lawsuit Against Ultimate Sports Entertainment Inc
03/29/2006
Knockout! Sports Network Inc. announced that it had electronically completed the filing of a lawsuit in the United States District Court for the District of Nevada against Matt Rose, Ultimate Sports Entertainment Inc. and other defendants, seeking damages of $2 billion and punitive damages of $6 billion in separate claims.
Knockout! Sports Network Inc. and other plaintiffs had previously filed a lawsuit in federal court against most of the same defendants, but the first lawsuit was dismissed on technical grounds-albeit without prejudice and with leave to amend.
The claims in the new lawsuit are numerous and include federal and state securities violations, common law fraud, breach of contract, breach of implied covenant of good faith and fair dealing, conversion, mismanagement, breach of fiduciary duty, interference of contractual relationships and business opportunities, unlawful conspiracy, libel and slander, and malpractice plus declaratory and injunctive relief.
Ultimate Sports Entertainment Inc. - Special/M&A Call
01/26/2006
To discuss the announcement of $4 billion sports-mega-resort complex.
Ultimate Sports Entertainment Unveils Plans for $4 Billion Sports Mega Resort in Las Vegas
01/26/2006
Ultimate Sports Entertainment Inc. unveiled plans for the world's first, sports-mega-resort complex. The complex will sit on 116 acres of land in North Las Vegas near the Las Vegas Motor Speedway. Architectural renderings were displayed showcasing the $4 billion project's 5,500 rooms, ten sports arenas, 150,000 sq. foot casino and 750,000 sq. foot convention center. The project is based on a hybrid casino, destination, and sports business model. For instance, the final name of the resort will be determined through a naming rights deal similar to those recently associated with stadium, arena and title sponsorships in sports. The resort will provide sports-minded consumers with unparalleled access to watch sports, play sports, test state-of-the-art sports equipment and enjoy the finest assembly of sports memorabilia, collectibles and trading cards. In addition, visitors can purchase the widest range of sports-related products in the world.
surferbj
17 years ago
Plans to open the Ultimate Sports Resort in June of 2010
Came across this today. Looks like just maybe his dream may come true one day sooner than we think unless of course funding could change their schedule. Do they have the land and funds? Trump may want a piece of this investment.
http://www.ultimatesportsresort.com/aboutus.html
This is a story about a man who dares to be great!
In a world where people willingly settle for mediocrity and are taught that big dreams are for the foolhardy Matt Rose stands out as a shining tribute to the human spirit.
In June of 2003 while driving through Las Vegas, NV. Matt Rose had a vision, he saw in his minds eye the greatest sports and entertainment destination on earth towering across the horizon and in an instant his life was forever changed. At that moment he decided to build the Ultimate Sports Resort … or die trying.
Being a successful business man with a strong entrepreneurial spirit, Matt possessed the skills to create a compelling business model; however, he was painfully aware that he lacked the experience and/or expertise which this multi-billion dollar project would require, so Matt embarked on a crusade to recruit the finest talent in every professional discipline necessary to turn his dream of the Ultimate Sports Resort into a reality.
In the beginning the nay-sayers laughed at the brazen audacity of this upstart group of dreamers who invested the seed capital necessary to get the ball rolling and who believed that Matt Rose could build the greatest sports destination on earth. Three years later the laughter is gone. Those on Wall Street who once thought Matt Rose was “a crazy” but with a good idea, have now come to realize that Matt Rose is a man with a steel will and a level of determination which is rarely seen, and that his dream of the Ultimate Sports Resort will soon become a reality.
Ultimate Sports Entertainment, Inc.incorporated in the state of Nevada on February 14, 2005.
The Corporate Headquarters of Ultimate Sports Entertainment, Inc. are located in Las Vegas, NV, and are fully staffed with senior executives in the fields of hotel, casino, food and beverage, sports marketing, sports retail, conventions, research and analysis, and interactive media.
In addition to an extraordinary in-house team, the company has engaged the finest builders, designers, architects, management and sports marketing professionals in the world to execute the building of the Ultimate Sports Resort. Please see the “Team” page of this website for more information.
Over the last 36 months, Ultimate Sports Entertainment, Inc. has gained the encouragement and support from the entire world of sports, as well as the political machine inside the Las Vegas valley.
Today, more than three years from inception, The Ultimate Sports Resort has been featured on ESPN, CNN and more than 300 television newscasts around the country and has also been featured in approximately 1,500 print articles ranging from the New York Times to USA Today.
With a project cost of more than $5 billion dollars, Ultimate Sports Entertainment, Inc. is building 17 million sq ft. of the single greatest sports and entertainment destination on earth.
Ultimate Sports Entertainment, Inc. plans to open the Ultimate Sports Resort in June of 2010; we will look forward to seeing you there.
keymaster
17 years ago
Remember everybody, this project has been in the planning/funding/permit procuring stages for more than a year with no increase in stock price and no real trading volume. If and when the complex actually gets built, it will be like nothing Las Vegas or the rest of the world has ever seen. I have had it on my watch radar for quite a while, ready to jump on it if it ever showed concrete signs of life. There definitely seems to be no hurry on this one, plenty of time to do research.
I will try and find out some information from the company this next week. When I emailed them about 1 1/2 years ago, they did not reply, so I went to their office a few months ago. I found out very little, other than the project was still active and they were still very excited about it. They were getting permits, approvals, contractors, suppliers, surveys, funding, etc., which all takes time, is what I was informed. That was several months ago, and it may be about time to pay them another visit.
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Welcome2Pinkyland
17 years ago
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