Favo Capital Inc (FAVO)

[BlazingStocks]

Indeed, definitely huge potential...

Vincent Napolitano, CEO stated, "These strategic acquisitions bring a positive outlook for 2024 and beyond and solidify our commitment to the growth of the company."

[QuicKtip]

The acquisition, structured as a comprehensive cash, stock, and profit share buyout is accretive day one and reflects FAVO Capital's commitment to fostering innovation, expanding its service offerings, and strengthening its global presence. The deal positions FAVO Capital as a formidable force with a robust team of over seventy professionals in New York, Florida and Dominican Republic all dedicated to providing exceptional financial solutions and unparalleled customer service. https://finance.yahoo.com/news/favo-capital-expands-global-footprint-133000949.html

[thetruth33]

Great news out today, 3 acquisitions by FAVO. That should definitely start producing significant revenues in the near future. It's just a matter of time until this gets into the $.40's.

[BlazingStocks]

$FAVO News January 03, 2024

Favo Capital Expands Global Footprint With Three Strategic Acquisitions
https://finance.yahoo.com/news/favo-capital-expands-global-footprint-133000949.html

[thetruth33]

Great day for $FAVO. You can see the buzz around this now and the audience is growing. High of day today was $.3675 with over 21k shares traded.

[ANTI-BAGHOLDER]

Stupid cheap down here. More news out yesterday too. Share structure hasn’t changed

[ANTI-BAGHOLDER]

Well I grabbed a bunch and will hold. It’s gonna break $1 some point soon. IMO

[NASA11]

It's crazy.

[ANTI-BAGHOLDER]

Meanwhile they put out a nice detailed document on their merger.

https://www.otcmarkets.com/otcapi/company/financial-report/373884/content

[NASA11]

Amazing isn't it? So hard for these OTCs to move since Jan 2022.

[ANTI-BAGHOLDER]

Guess I was wrong. Lol. 435k in the float and can’t get over $1

[ANTI-BAGHOLDER]

Boggles my mind. A primo setup with a nice revenue generating company coming in

[NASA11]

Looking good.

[cheusmann]

Agreed. I think the "news" has yet to be digested with most individuals. The weekend will provide some down time for people to be brought up to speed. Next week should be interesting. I like our chances.

[NASA11]

You're probably right. Over the weekend many will probably find it and have orders in next week.

[ANTI-BAGHOLDER]

You would think… will see on Monday and Tuesday… finger crossed

[NASA11]

I agree. It just makes me wonder why the bidding isn't there. You would think it would be much tighter and more stacked.

[ANTI-BAGHOLDER]

Dude, this is the best setup I have seen in months…

[NASA11]

So insane. I should probably bite the bullet and jump in but I'm afraid once I buy nobody else buys haha.

[NASA11]

Geez crazy spread too .61x.85.

[ANTI-BAGHOLDER]

Remember we are talking 400,000 shares. That’s it!

[NASA11]

Wow so incredibly thin both ways. This could shoot up like a rocket or drop like a rock at any moment.

[ANTI-BAGHOLDER]

It’s gonna be a monster. Easy money here

[MADDSTACKER]

Looking nice

[cheusmann]

Pepping up!

[cheusmann]

Pepping up!

[ANTI-BAGHOLDER]

It has it all for a monster runner

[cheusmann]

Took some here. Are we finally going to have an epic OTC runner? This has all the ingredients...

[ANTI-BAGHOLDER]

Not sure on target. We are talking 400k floating…. That’s minuscule

[MADDSTACKER]

Yeah seems like a no brainer .. what’s your target

[ANTI-BAGHOLDER]

This FAVO deal though…

Key Highlights from The FAVO Group of Companies:

Exponential year on year revenue growth since entering the alternative finance business in Q4 of 2020.
Revenues 2020 - $122,000
Revenues 2021 - $10.6 million
Revenues 2022 - $17.5 million
Participated in over 12,300 business fundings across multiple states and industries.
Participated in the Syndication of approximately $840 million worth of capital to small and medium size businesses across the United States, which equates to a total Right to Receive (RTR) of over $1.1 billion of which the company represents 10% of the portfolio.

[MADDSTACKER]

Agreed ….

[ANTI-BAGHOLDER]

It’s a primo setup here…

[MADDSTACKER]

Grabbed 1 k shares gltu

[ANTI-BAGHOLDER]

Really nice setup/merger here. 400k floating at $.40!

FAVO Capital, Inc. has Acquired the FAVO Group of Companies; The Transaction is Valued at $37 Million Dollars Which Includes Cash, Stock & Assumption of Debt; The Company has Partnered with Stewards Investment Capital Limited to Expand Its Global Footprint

https://www.otcmarkets.com/stock/FAVO/news/FAVO-Capital-Inc-has-Acquired-the-FAVO-Group-of-Companies-The-Transaction-is-Valued-at-37-Million-Dollars-Which-Includes?id=403050

[ANTI-BAGHOLDER]

Nice merger

[Golden Cross]

FAVO Now Pink Current
https://www.otcmarkets.com/stock/FAVO/disclosure

[BigMed]

Getting current, tiny float, lots of cash flowing:

https://backend.otcmarkets.com/otcapi/company/financial-report/281910/content

https://www.otcmarkets.com/stock/FAVO/news/FAVO-Capital-is-Pleased-to-Announce-the-Completion-of-OTC-Market-Filings-and-Obtaining-Pink-Current-Information-and-Comp?id=300657

[15for2]

nice, thanks~

[Craig305]

Filings posted on OTCMARKETS

[15for2]

up 109%, coming back to life?

[georgie18]

Out of it for quite a while...ty...

[slimshady69]

Good day G18....FAVO ....ran 3000% the other day.....are your sentiments the same as it was nearly a year and a half ago?

[jchords]

Nice

[HabibiFresh]

This thing held up pretty nicely today considering market is down and you know being up 3000% in 1 day.

More to come for sure with that float shorts can't control it.

[retireat40]

LOL...now $1.75. Gotta love the 400k float.

[retireat40]

FAVO...now $1.06. Come on people.

[BeamMeUpScotty]

Hows it looking on Level 2?

[BeamMeUpScotty]

I can see it breaking $5-$7 today but I’m not in so if I don’t get filled down here I won’t chase.

[makinezmoney]

$FAVO: I do think it goes higher.........


That was some seriously good volume that came into it.



GO $FAVO