One stock that continues to show promise in terms of growth potential and technical trend is Sports Venues of Florida Inc (OTCMKTS:BTHR). We point it out because it’s acting well and seems to be in the sweet spot of “unheralded growth” that often leads to the best results among small-caps and micro-caps. In other words, small-caps that have promise and technical momentum, but haven’t yet stirred up a ton of excitement, often end up delivering the goods.
BTHR, at this point, has that basic character. The promise is wrapped up in a combination of innovative youth sports streaming infrastructure, long-term commercial real estate development in the youth sports space, and the booming esports market. The most recent catalyst in play is the company’s announcement of the official launch of the Live Youth Sports Network (LYSN) through the installation of its inaugural live-stream venue at a high school in southern Florida. According to the release, LYSN and the School have jointly executed an agreement allowing the LYSN to live-stream all of the School’s sporting events through the LYSN’s sports portal. The agreement calls for the LYSN to install all equipment and immediately begin streaming all of the School’s sporting events in 2020.
Sports Venues of Florida Inc (OTCMKTS:BTHR) promulgates itself as a development stage company that owns, develops, and operates venues for youth and adult team sports.
Its primary objective right now is the construction and launch of a pilot version of its family-oriented sports complex thesis, which it will no doubt then look to expand into domestic US and possibly international opportunities for expansion.
The idea is pretty simple: optimize the community sports complex concept to include amenities including recreational activities, dining, shopping, entertainment, and even lodging. That creates the potential to capture a dominant position in the rapidly growing traveling youth sports marketplace, which is a much bigger market opportunity than most people realize.
Youth Sports is projected to grow to $76 billion by 2026 according to extensive recent research and analysis from Wintergreen Research published in December. According to the report, “Worldwide $24.9 billion youth sports markets are poised to achieve significant growth as travel teams become more popular and families learn to enjoy time together during a weekend sporting event.”
As noted above, the company also just acquired LYSN, Inc, which is a leadership play in the youth sports digital streaming media space. According to company estimates, LYSN is projected to bring in over $20 million in revenues over the coming year.
Finally, some materials suggest the company is working to include an eSports dimension to this model, with partnerships likely in play over the near term.
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As noted above, BTHR just announced the official launch of the Live Youth Sports Network (LYSN) through the installation of its inaugural live-stream venue at a high school in southern Florida.
Recent action has seen 47% during the past month in terms of shareholder gains in the stock. What’s more, the company has registered increased average transaction volume recently, with the past month seeing above 210% beyond its prior sustained average level.
“We are lining up hundreds of schools as potential venues right now,” commented John V. Whitman, Jr, BTHR CEO. “But we are extremely excited to get LYSN actually up and running at the first location with the first active partner school. This represents the first tangible venue and will act as a pilot case study. Once this first example is up and running, we will be able to demonstrate how seamlessly this technology works. Along with strong testimonials from users and viewers, we believe we can trigger a rapid expansion of the network because demand for this product is just bubbling under the surface according to our research.”
Currently trading at a market capitalization of $8.3M, BTHR has virtually no cash or debt on the books and is still pre-revenue. But the company is developing a major operation that links up youth sports and eSports in a powerful growth equation that should be subject to a number of coming catalysts. Keep an eye out here. We could see some big things brewing for BTHR. As more color becomes clear on the name, we will review the situation and update our take. Sign-up for continuing coverage on shares of $BTHR stock, as well as other hot stock picks, get our free newsletter today and get our next breakout pick!
Disclosure: we hold no position in $BTHR, either long or short, and we have not been compensated for this article.