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Topic: All Star Circuit of Champions partially sold
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Page 1 of 1 of 14 replies
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January 06, 2015 at
12:32:17 PM
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25% of the All Star Circuit of Champions has been sold by Jean Lynch to 410 Holdings LLC
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January 06, 2015 at
12:46:42 PM
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Rob Hunter, interesting.
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January 06, 2015 at
12:48:14 PM
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I'm sure the upstanding racing icon, Jean Lynch, couldn't get away fast enough from the clown that owns the All Stars.
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January 06, 2015 at
11:38:52 PM
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Not sure what a person would get buying into the all stars.
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January 07, 2015 at
06:49:47 AM
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There could be something that states the company cannot be sold to any entity that has no racing experience. Now it is being sold to a co-owner of the series....
$.02
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January 07, 2015 at
07:23:51 AM
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its like partialy fixing a problem
Curtis Davis
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January 07, 2015 at
09:16:08 AM
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Who is 410 Holdings LLC??
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January 07, 2015 at
09:28:37 AM
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Reply to:
Posted By: 19 Posse on January 07 2015 at 09:16:08 AM
Who is 410 Holdings LLC??
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Rob Hunter. Kemenah is driving for him this year.
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January 07, 2015 at
10:06:20 AM
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Not sure about all the 'legal-eze" but at somepoint, someone will realize the All-Stars conglomorate is more valuable as a memory than a current organization. Maybe their figuring out how to purchase it a piece at a time until they can get the majority control and then make it go away.....?
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January 07, 2015 at
12:11:06 PM
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Most likely Mr. Webb had not paid all the previous owners of the series.
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January 09, 2015 at
09:23:08 PM
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This is very interesting. Jean Lynch was part of the All-Stars from square one. When Guy Webb bought the series supposedly he bought out all the Shareholders. However the shareholders never got paid according to very good sources. So if the shareholders have not been paid they obviously believe they still own their portion of the All-Stars. So with all the confusion why not get their money From whatever source possible. The question that will most likely go through the courts now is, does an original shareholder still legally own part of the All-Stars, or must the shareholders sue Guy Webb who owns the series, but also owes them their money.
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January 10, 2015 at
08:55:32 AM
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Reply to:
Posted By: 3799 on January 09 2015 at 09:23:08 PM
This is very interesting. Jean Lynch was part of the All-Stars from square one. When Guy Webb bought the series supposedly he bought out all the Shareholders. However the shareholders never got paid according to very good sources. So if the shareholders have not been paid they obviously believe they still own their portion of the All-Stars. So with all the confusion why not get their money From whatever source possible. The question that will most likely go through the courts now is, does an original shareholder still legally own part of the All-Stars, or must the shareholders sue Guy Webb who owns the series, but also owes them their money.
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Excellent. All Star opener at Bubba on the 5th of February should be interesting.
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January 10, 2015 at
09:19:28 AM
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What value could ASCoC shares possibly have at this point?
A
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January 10, 2015 at
11:55:49 AM
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If Webb would remove himself. the allstar name would atomaticly gain back some value, A bad attitude and mouth can devalue your reputation fast! in this case his holdings. [the allstar name] New blood would bring back some value to the name. of course new blood would have to prove itself worthy of respect.
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January 11, 2015 at
08:38:34 AM
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I was also wondering if maybe some of those shares have attachments to the All Star brand name. If certain shares had certain rights to the name would the ASCoC be able to carry on the brand if those shares that hold those rights are sold. The only value might be in the name, itself. Just thinking out loud.
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