AllSportsMarket, the World's First Sports Stock Market, Trades 297,108 Shares Totaling $4,350,963.70 in First 70 Days

LOS ANGELES, Oct. 24, 2014 /PRNewswire/ -- AllSportsMarket (ASM) traded 297,108 shares in the first 70 days of continuous market operation across the NFL, NHL and NBA sports team trading markets. This represents a total trading volume of $4,350,963.70. NHL Legend and company spokesman, Bernie Nicholls says: "The people I show this to get very excited. They quickly see the entertainment value in what we are doing here. It's not gambling, it's investing, and what better entertainment than investing in the teams you love."

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On Oct. 23, 2014, proceeds from NFL IPOs were used to increase the dividend reserve of all 32 NFL teams by $15,000 and a 3-to-1 split was announced for November 1, 2014. Ace Underhill, co-founder and sole technical architect says: "I can't believe it's happening already... our first stock splits. Exciting times indeed!" Nicholls comments on the season: "With Peyton Manning and his Denver Broncos playing top notch football, it's hard to argue they are not the best team in the NFL.  With the way the Seattle Seahawks have stumbled the past couple of weeks, I think the door is wide-open for the Broncos to finish off what they started last year, and win the Super Bowl."

On Oct. 23, 2014, proceeds from the NHL IPOs were used to increase the dividends of all 30 NHL teams by $20,000 and a 2-to-1 split was announced for November 1, 2014. Nicholls considers the hockey action this year: "Having played with the Kings and having been a part of the 2012 Stanley Cup Championship, it's hard for me not to pick them as the one of the best in the NHL, but you can never count out a healthy Sidney Crosby and the Pittsburgh Penguins. Sid's the best in the game, and when he is healthy, he is nearly impossible to stop."

The NBA market is currently trading with first dividends paying at the conclusion of the opening match between the San Antonio Spurs and the Dallas Mavericks Tuesday, October 28, 2014.  "If I was to pick a couple of teams to invest in, I would say the Chicago Bulls look strong this year and I would be crazy to leave out Lebron James and his Cleveland Cavaliers. Anytime you have a player like Lebron James, you have a chance to win, and with the supporting cast in Cleveland more than capable of holding their own, I will be surprised if they don't end up winning it all," Nicholls concludes.

AllSportsMarket (ASM) is operated by The New Sports Economy Institute, a 501(c)(3) nonprofit organization established to teach finance through sports. Ace Underhill is the sole technical architect with over 15 years' experience working in movies, television, and music videos with such luminaries as Snoop Dogg, Coldplay, Rihanna, Foo Fighters and other top artists worldwide. Bernie Nicholls is ASM's spokesman and sports industry liaison. Bernie was an explosive scorer who accumulated over 1,200 career points while playing for six NHL teams. Recently, Bernie helped coach the L.A. Kings to their first Stanley Cup in 47 years. For more information and a free download, visit: http://www.asmfree.com/

Contact:
AllSportsMarket (ASM) Media Relations
Jason Henry  (705) 772-7066 
Email 
http://www.asmfree.com/

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/allsportsmarket-the-worlds-first-sports-stock-market-trades-297108-shares-totaling-435096370-in-first-70-days-201197029.html

SOURCE AllSportsMarket

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http://www.asmfree.com

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