One of the notable movers in the markets on Wednesday was the All American Gold Corp (OTCMKTS:AAGC) stock as it attracted the attention of plenty of investors and ended the day with gains of as much as 55%. Now the gains made by the stock are likely to bring the All American Gold stock into focus among many investors today as well but it should be noted that there has been no news about the company in recent days.
The last time any news emerged about the company was back in August 12 when All American Gold announced that it completed an acquisition and was moving into an ‘exciting industry’.
The acquisition in question is that of Hollywood Star Cuts, which All American Gold acquired from V Group Inc. It is a wholly new industry for the company to get into considering the fact that Hollywood Star Cuts is involved with ‘full service family hair salons’.
Hollywood Star Cuts claims that it offers a service by way of which the customer is given a level of service that makes him feel like the star of the show. It is a Hollywood themed service and this acquisition is something that investors could do well to keep in their minds when considering the All American Gold stock.