All American Gold Corp (OTCMKTS:AAGC) Stock Falls After Key Business Update

All American Gold Corp (OTCMKTS:AAGC) on May 4, 2022, updated public on recent and future advancements of Hollywood Star Cuts, a full-service hair salon with exciting Hollywood and Southern California theme. Owned by All American God Corp, the firm has updated about the firm’s enormous accomplishments in 2022 and beyond.

Trading Data

On Wednesday, AAGC stock slid 12.50% to $0.0007 with 67.01 million shares, compared to its average volume of 29.62 million shares. The stock moved within a range of $0.0007 – 0.0009 after opening trade at $0.0007.

All American Gold Corp’s Business is Growing Fast

Hollywood Star Cuts opened its third location on April 1st, 2022, which is at 150 Caldwell Blvd in Nampa, Idaho. This will give high quality of service in the industry. The location would be Corporate Model as well as design example of future locations Nationally. The outlet would also be opening a location at 279 N Milwaukee Blvd, Boise, ID later in May 2022.

April has been a great month giving a blueprint of things. Hollywood Star Cuts also announced that the firm entered into agreements with two organizations. Both companies accepted on developing and operating Hollywood Star Cuts locations in Southern and Western Florida.

The companies have significant experience in owning as well as operating well-known National franchises in both food industry and personal care industry. Both firms are allured to business model, concept as well as operation and the profitability of Hollywood Star Cuts. The Hair Care Industry is immune to supply chain issues.

Technical Data

AAGC stock is below the 20–Day and 50-Day Moving averages of $0.0008 and $0.0008 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.0016.