A Salon Franchise Story With Real Revenue Claims, a Buyback and an Audit Still Pending
Company-reported revenue: Hollywood Star Cuts reported $1,454,182 for the first half of its 2024-25 fiscal year, up from $199,682 a year earlier, about 7.5 times higher.
Buyback: Since November 2023 the company says it directs 20% of monthly corporate profits to share repurchases, with a stated goal of cutting the share count without reverse splits or toxic debt.
May 7, 2026: A letter of intent to acquire 100% of a Florida casual food service company with 2025 revenue above $1.1 million and a net margin near 10.5%.
Franchise Growth + Buyback + A Profitable Acquisition Target = The Bull Case, Pending an Audit
$AAGC - Hollywood Star Cuts, a Share Buyback and the Audit Everyone Is Waiting On
Price: ~$0.0006 (Oct 7, 2026) | Market Cap: ~$1.1M | 52-Wk Range: $0.0003 - $0.0010
hollywoodstarcuts.com | OTC Markets: AAGC
Executive Summary
- What it is: All American Gold Corp. (OTC: AAGC, formerly Osprey Ventures) is a holding company whose operating business is Hollywood Star Cuts, a themed family hair and beauty salon brand with corporate-owned locations in the Boise, Idaho area and franchise and licensing agreements in Texas, Nevada, Utah, Florida and the UK. Despite the "Gold" in the name, it is not a mining company.
- The numbers it reports: The company says Hollywood Star Cuts turned profitable in spring 2023, and reported first-half fiscal 2024-25 revenue of $1,454,182 versus $199,682 a year earlier.
- Buyback instead of dilution: A buyback launched in November 2023 and made permanent, funded by 20% of monthly corporate profits, is aimed at shrinking the share count without reverse splits or toxic debt.
- New deal: A May 2026 letter of intent covers a Florida food service company with about $1.1M of 2025 revenue and a roughly 10.5% net margin, to be folded into the franchise program.
- The catch: AAGC does not file reports with the SEC, and the financial figures above are company statements, not audited results. The audit was engaged in November 2021, and a planned name change to All American Glamour Corp is tied to its completion.
THE BUSINESS: Hollywood Star Cuts
Model
Salon + Franchise
Corporate and franchised
Home Base
Boise, ID
Corporate-owned locations
Franchise Areas
TX, NV, UT, FL
Plus a UK agreement
New Concept
Star Salons
Owner-operator model
- Themed salons: Hollywood and Southern California beach styling where customers are treated as "Movie Stars," with hair, nails, tanning and esthetics under one roof.
- Training studio: A "Mega Production Studio" in Boise with 8 hair stations, 2 nail stations, a tanning room and 2 skin-care stations.
- Franchise pipeline: In 2022 the company announced an agreement to convert 7 existing Las Vegas-area salons, and a long-range target of 100 locations. A UK franchise group agreement followed in March 2025.
- Hollywood Star Salons: An upscale owner-operator concept announced August 14, 2025, with construction slated for September 1, 2025 and a planned debut in October 2025 in Encinitas, California.
A real consumer business with a repeatable format, expanding mostly through franchise partners
Source: AAGC / Hollywood Star Cuts press releases (Dec 2021, May 2022, Apr 2024, Jan 2025, Mar 2025, Aug 2025, May 2026). The company's earlier 2022 location targets are plans, not results. No opening confirmation for the Encinitas location was found for this report.
THE NUMBERS THE COMPANY REPORTS
H1 FY2024-25 Revenue
$1.45M
$1,454,182
H1 FY2023-24 Revenue
$0.20M
$199,682
Year-Over-Year
~7.5x
Per Company
Profitable Since
Spring 2023
Per Company
In April 2024 the company said 2023 operations grew more than 400% and that it expected a similar trajectory in 2024. Detailed revenue and earnings figures were deferred to shareholder conference calls, so there is no filed income statement to check them against.
Strong growth claims; the open question is verification
Source: AAGC press releases Apr 2, 2024 and Jan 22, 2025. All figures are company-reported and unaudited. An aggregator (StockAnalysis) lists a trailing net loss of about $53,020, with the basis for that figure unclear; the two cannot be reconciled without audited statements.
THE BUYBACK: Shrinking Shares Instead of Diluting
Started
Nov 2023
Trial, then permanent
Funding
20%
Of monthly corporate profits
Shares Out.
~1.9B-2.1B
Per aggregators
The company describes the program as a way to reduce the share count without reverse splits or toxic debt. A buyback is uncommon among OTC names at this price level, and it is a stated management priority. The amount of stock repurchased to date has not been disclosed in the releases reviewed for this report.
A buyback is the opposite of the usual sub-penny financing pattern
Source: AAGC press release Apr 2, 2024; StockTitan and StockAnalysis for share counts (1.9B and 2.06B respectively). Confirm the current share count with the transfer agent or the company's OTC Markets disclosure.
THE MAY 2026 ACQUISITION: A Florida Food Service Company
- Letter of intent: Signed May 1, 2026, with financial documents provided May 4 and a 60-day closing target (expected sooner).
- Target: 100% of a casual food service company with multiple Florida locations, 2025 revenue above $1.1 million and a net profit margin of about 10.5%.
- Plan: Integrate it with the Hollywood Star Cuts franchise program and develop up to 10 new franchises within 12 months.
- Insider link: One of the food service company's owners is a current AAGC shareholder. The company calls the structure "very positive for current shareholders."
- Not disclosed: The target's name, the price, how it is paid for (cash or shares), and any audit of the target.
A small, profitable add-on if it closes; terms are the item to watch
Source: AAGC press release "AAGC Continues to Grow!" (May 7, 2026). No closing announcement was found as of October 7, 2026, past the 60-day target.
WHAT CANNOT YET BE VERIFIED
SEC Filings
None
Current reports not on EDGAR
Audit
Pending
Engaged Nov 30, 2021
Price
$0.0006
Sub-penny
Market Cap
~$1.1M
1.9B+ shares
- No audited financials: In December 2021 the company engaged an auditor with the stated purpose of "becoming a fully reporting entity," with a possible later uplisting. Nearly five years later, no audited statements or SEC registration have been announced.
- Name change waiting on the audit: StockTitan notes a plan to rename the company All American Glamour Corp once the audit is complete.
- Claims circulating online: Posts say the audit "is sitting with FINRA and SEC," and that the company has no debt, no convertible debt and is profitable. None of those statements appears in the company press releases reviewed here, and there are no filings to check them against. Treat them as unconfirmed.
- Management roster unconfirmed: The releases reviewed do not name current officers or directors. A 2021 release quoted Lawrence Twombly, identified as the CEO of V Group, with which AAGC has a historical connection.
- Liquidity: At a price near $0.0006, a one-tick move is a large percentage change, and trading is thin and volatile.
The story is simple; the proof is not yet public
Sources: AAGC press release Dec 8, 2021 ("Starts Audit Process"); StockTitan (price as of Oct 7, 2026, shares outstanding, SEC filings status); StockAnalysis. Older SEC filings under CIK 1409430 date from 2013 when the company was a mining shell.
Timeline
Catalysts to Watch
✓ Audit completion: audited statements would let anyone check the revenue and profit claims.
✓ Reporting status: any move toward SEC registration or a higher OTC Markets disclosure tier.
✓ Florida acquisition: closing, price and payment terms.
✓ Name change: the planned All American Glamour Corp rebrand.
✓ Buyback data: shares repurchased to date and the current share count.
⚠ Timing: the audit has been pending since 2021, so a completion date is an open item.
The Bottom Line: A Real Business Story With a Verification Gap
AAGC is a consumer franchise business with reported revenue growth, a stated profit-funded buyback, a franchise pipeline in several states and the UK, and a pending acquisition. Those are positives for an OTC name at this price level, and the pitch is easy to understand.
The difficulty is that none of it can be checked: no SEC filings, no audited financials, and an audit that has been pending for almost five years. For traders, AAGC is a speculative watch: the investment question is whether the audit arrives and confirms the numbers, and until then the stock trades on company statements.
Watch the audit, the acquisition closing and the share count
Key Resources
Hollywood Star Cuts Website: hollywoodstarcuts.com
OTC Markets Profile and Disclosure: OTC Markets: AAGC
Company Updates on X: @HStarcuts
Company Press Releases: AAGC News (StockTitan)
Older SEC Filings (2013): EDGAR: CIK 1409430
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See What Else We're Tracking →Disclaimer: This report is for informational and educational purposes only and does not constitute investment advice. It is not to be considered as an offer to buy or sell securities of any type. All American Gold Corp. does not file periodic reports with the SEC, and the financial figures in this report (revenue, profitability, buyback and acquisition-target data) are statements from company press releases that have not been audited or independently verified. The company has reported an audit engagement since November 2021 but has not announced completed audited financial statements. Statements about debt, convertible debt, profitability and the status of any audit with regulators come from online commentary and are not confirmed by company filings. Forward-looking statements about franchise growth, the Florida acquisition, the buyback, a name change and expansion are the Company's own and are not guarantees. Some figures are drawn from third-party aggregators and need to be independently verified. This is a highly speculative, sub-penny OTC security carrying significant risk of substantial or total loss. This report is compiled from public sources including company press releases; DDAmanda has not independently verified all company statements. Always do your own due diligence and consult with a licensed financial advisor before making investment decisions. Data current as of October 7, 2026.