Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Buying starting to pick up quietly on this little OTC nugget that is undervalued and actually reporting legit Net income (a rarity on the OTC). 9 months ended sept 30 just reported showing net income of almost 700K meaning they are on pace to legit earn $1M profit this year.
36% y/y income growth is impressive. Give this company a 15X multiple on sales
Oliveda International, Inc. (OLVI) Files Third Quarter Financial Report Showing 36% Quarter-Over-Quarter Income Growth
Press Release | 11/06/2019
SANTA MONICA, CA, Nov. 06, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Oliveda International, Inc. (OTC Pink: OLVI), a leading international natural cosmetics and wearable beauty and health technology innovator, has posted its financial report and disclosure statement for the period ended September 30, 2019 showing 36% quarterly income growth over the same quarterly period in 2018. Additionally, the company has already surpassed the total income for the full year 2018 and expects to meet or exceed its projected income increase for 2019 by the end of the calendar year.
The third quarter 2019 financial report and disclosure statement have been posted on the OTC Markets Group website at http://www.otcmarkets.com/stock/OLVI/disclosure.
OLVI’s third quarter 2019 income reached $1,218,133, as compared to $893,863 for the third quarter of 2018, an increase of 36%. For the nine months ended September 30, 2019, income was $3,548,982, an increase of almost $1 million over the corresponding nine-month period in 2018, when income was $2,594,908.
The total income for the first three quarters of 2019 has also already exceeded the total income of $3,479,278 for the entire 2018 fiscal year.
Since the end of the 2019 third quarter, OLVI announced the takeover of over 30,000 mountain olive trees and 3 million square meters of land in a nature reserve and the takeover of 1 million shares of Oliveda America, Inc., further increasing potential future shareholder value.
Oliveda International Inc.
Founded in 2003 by German real estate investor Thomas Lommel, Oliveda International, Inc. is a leading international natural cosmetic company in the premium segment. The company has also developed a globally unique wearable beauty and health technology. In addition to online sales and a global branch network of 650 retail stores, the company’s wholly owned Oliveda Deutschland GmbH subsidiary operates flagship stores, Olive Tree Pharmacy, in Berlin and Dusseldorf with plans to open new locations in Los Angeles, Taipei and Seoul. Overall, the company believes that it will be able to operate a total of 60 of its own flagship stores worldwide and increase the retail store network worldwide to 1,200 over the next five years. Through subsidiary operations, Oliveda International is the largest investor in eco-certified mountain olive trees as well as the largest conservationist in Arroyomolinos de Leó, Spain. Further information on Oliveda International can be found at http://www.oliveda.com, us.oliveda.com and http://www.olivetreepeople.com.
Forward-Looking Statements
This press release may contain statements, estimates or projections that constitute "forward-looking statements" pursuant to the safe harbor provisions of the U.S. federal securities laws. Generally, the words "believe," "expect," "intend," "estimate," "anticipate," "project," "will" and similar expressions identify forward-looking statements, which generally are not historical in nature. Forward-looking statements are subject to certain risks and uncertainties, which may be found in the Company’s filings with OTC Markets Group Inc., that could cause actual results to differ materially from the Company's historical experience and present expectations or projections. Investors should not place undue reliance on forward-looking statements, which speak only as of the date they are made. The Company expressly disclaims any obligation or intention to publicly update or revise any forward-looking statements unless otherwise required by law.
Advance PR Group
619-202-7456
olvi@advanceprgroup.com
Primary Logo
Gotta love a complete wake up outta nowhere :)
These are the most explosive movers...
:) :) :) :)
All time high close yesterday on low IHUB chatter. Love it :))
Basically All time high close yesterday / Get ready for .012 blue sky breakout as soon as today for the push to .015 -.02 :)
Lotta volume accumulation down low ehh. Weird but i never try and figure out who sells at the depths on the OTC. Could be as someone said some match trading to induce sellers outta fear but could be the same bulls on this board that are posting life changing things just selling it off lol.
Cant tell if there are notes outstanding that some funder is selling or some group is selling to load up the buying power group before the next run.
Lot to untangle but kinda disheartening to see it trading such large volume sub .05 when it was just .20.
Some ihub poster was just talking about buying up lots and he bought up like 30K and that moment last week 250K shares were sold. coincidence? never know with the OTC :)
Gobble Gobble :) :)
I also appreciate the lack of "pumping" associated with sonasoft as this is a fascinating interview played out on what seems like a small scale podcast type show in the tech space.
If they are able to get off the OTC (which creates a negative stigma to an extent) or at the very least get above $1 and have impressive average daily volume and liquidity with doing everything a NASDAQ company does, than i believe they should get noticed in the valley and get legitimate big money involved with this at this early stage.
I Just listened to the full hour of Ankur and am thinking to invest more into SS at this pt. I have long owned a lot of stock (sometimes upwards of 1M shares) and now only own 125K, but i believe the guys behind Sonasoft and Ankur himself really do believe this is bigger than OTC and they are trying to become a top player in the AI space.
I recommend every person interested in SSFT to listen to at least the point from minutes 58 onward to 1:02 as this is the exact point when he discusses Sonasoft and its pitch. He of course outlines how they can do this in all sectors of the world economy, can do it in a fraction of the time of other AI players (2-4 weeks implementation) and how they are hoping to have Nugene implemented in a majority of enterprise systems (in america or the world he doesnt say).
Again, if they reach even a fraction of this goal, and i do believe they can, then this would easily be a billion dollar company in the exponentially fast growing AI space. (where you could put a 10,20 or even 30+ multiple on earnings).
Did anyone in here realize how real deal Ankur is?
Board Member of IamWire and a member to Forbes Tech Council. This is very real deal stuff
25% Sonasoft is able to grow into a multi billion dollar company trading on the nasdaq in 2 years
You guys realize what your saying right? As bullish as i am, i do not believe Nugene is the best AI platform but the truth is, it doesnt need to even be top 5 or maybe even top 10.
The market for AI platforms is just beginning and as evidenced this can be rolled out to every industry. The client list is endless in the world, so the key is who has the biggest sales force to land these contracts.
This market is no doubt tens of billions per year. If they can get to top 10 AI platform with a great sales team and able to scale this, than they can easily start doing 100-250M/year in sales and thats when you are talking a 2B+ market cap company and thats when its $3-5 a share and real deal.
That is the goal, get a decent segment of this market, even 5-10% and this company will be a billion dollar+ company.
Im sure it will happen as i said. And im sure the group who put it up, knows generally when it will come down lol. ive been in the OTC Long enough to have a good read on the games.
Some similarities with this one and RL*Y
Revenue of 37M yet the Market Cap yesterday was 9M? Thats a stupid low Market Cap
Depending how fast of growth your getting, wouldnt you say its normal to be operating with a 5x minimum price/sales ratio, if not 10-15x
I believe $1.20 is conservative over the next 12 months. yes. The upshot again is that they release big, real deal contracts which move them well above the 15M sales rate.
If they can release news/contracts/deals that organically move them up to 30M in sales than the valuation targets will of course go up 2x.
Nugene really takes hold and they are able to do 50-100M in sales and you are 100% talking Nasdaq at that pt and lifechanger. 1/3 of that happening in 2 years. IMO.
All comes down to contracts at this point IMO. Deals deals deals.
I personally think there is a good chance that this stock has already elevated from IHUB and average OTC traders meaning more than a hill of beans.
I think the CFGN MAXM ASCM VERT games are just a way to allow the big money to continue accumulating whatever they can get out of retail who is holding big gains and happy to sell into them. Last run went from .14 to .25 and then consolidated for several weeks. This run went from .25-.49 and now has consolidated for a week or two. Maybe needs another week before its ready for the next leg up.
Im not expecting much action for the rest of the week. The fact of the matter is this is now investment grade OTC. Play the odds. There is a good chance (maybe 75%) that this hits $1.20 (275M Market Cap) within the next 12 months with limited downside risk based on a shareholder friendly management team and high growth company.
The valuation is already light at only 6.5x trailing sales so i expect limited downside and high likely upside. Main reason im not even more bullish is because this is the OTC and crazy stuff happens here, but this sure looks like its investment grade and the upside remains Sonasoft landing continued contracts which directly increases their revenues above the 15M+ level which greatly increases its forward sales projections.
Greatly increasing forward sales projections directly raises valuation. I want to see at a minimum a contract every 6 weeks that conceivably is valued at least 500K.
Im a 100K+ buyer in the low 30s and a 50-100K buyer on the .45 break.
Seeing the news here AH / Why is everyone expecting such lofty price targets? Is there really such a real deal revenue generating company about to come into this shell with only a 17M OS?
Pretty crazy this wasnt 1.00+ on the expectation of this merger. Would expect a sizable AM gap
Buying more shares here today - multi week hold presumably for me, which is rare in the OTC.
Like the way it trades and 3 minimum forward looking events still to come.
.40s this week imo :)
I love stocks that only consolidate a few days before pushing back into the prior breakout levels. They tend to have the biggest moves :)
Got that funny feeling that 100K ask at .16 is all part of a bigger plan here. Load up some folks as most retailers love selling before those big walls and then poof, they just leave or get taken out in 1 magical shot.
Breakout at .16. sometime in coming days/weeks and very big possible upside.
Getting close to next leg up - excellent accumulation/consolidation
.40s-.50s coming soon :)
Far too much coming and being done here. Just getting started. Get your sub 20s while they last. Maybe 1 more day.
Maybe just 1-2 more days of sub .20 stock per my calculations
I just might load 50-100K if they wanna drop this quick again :)
Can we get another 1M+ volume accumulation day to end the week??
Lots of heavy loading generally can mean good things in the OTC for whatever reason you want to believe. CEO wake up.
just stupid cheap. company needs to wake up and pretend like they care a little. stock would go up 300%
This stock is going to fly once its done consolidating and all the filings are up to date and ready to go Pink Current.
The way this stock is trading is strong and the CEO and team behind it are about as good as you can get for a OTC stock for high upside.
Accumulate as much as you can get cause the next run is going into the 40s easy IMO. May take 3-5 days but the chart needs a reset. Settle down grasshoppers.
There is 1 friggen MM under .15 when MAXM leaves. 1 friggen MM yet MAXM is willing to sit there and presumably dilute out hundreds of thousands of shares the past 2 days.
These are the plays when the dilutor is gone they pop hard. I wouldnt be surprised to see a 100% pop sometime soon.
Everyone and their mother buying shares at MAXM and he still wont move. Gonna bust higher once this MOFO gets outta the way.
Reminds me of the good old days of the OTC when some dilutor would just park himself on the ask and sell 1/2 the daily volume without moving. just stupid
Prob needs 1 more day on consolidation/accumulation before the turn back up starts IMO
Lovin the churn/accumulation at this level. Create this base for the next leg higher on this stock/company that is obviously just getting started.
You couldnt have an uglier right side of the L2 box than we have and yet the stock just keeps trending up. VERT CFGN MAXM ASCM all on the right side and retail not even in sight.
Somebody doing their best to keep this down as long as possible.
(I am adding to my position at these levels. 50/50 chance imo to get 300% gains in the next 12 months with little risk to the downside. ill take those odds)
this is the key and the reason i am buying lately. Not because of what this did last year (which was very beneficial to shareholders) but because of the future. They start landing contracts with several++ of the electrical companies and we are talking doubling last years revenue.
Then there are all the other industries they are no doubt doing proof of concept contracts already. To get news like today more and more, it only gives me more confidence that this company can do 30M+ in revenue next year and with the growth rate, that should easily maintain a 10x multiple on sales and that is 300M Market cap or about $1.20/share
huh? people selling 13s when it was 27 a few days ago...gobble gobble :)
Market sell clown. Congrats to all who got that flash crash. weeeeeee
always use limit sells and buys in OTC imo
Highest Close on record. .05++ finally on the way IMO
Somebody loading up as much as they can down here. See if that accumulation leads to another run
.40sss next week :)
Absolutely Remarkable to upload 17 years of Annual Reports to OTC Markets. Somebody spending some legit coin to get that done.
See you at .50+++ in the coming days. Wont happen all at once but its coming IMO. Im a big buyer
ahha classic oliveda PR. can read it several different ways. Isnt this CEO from somewhere in Europe? Pretty legit company, he should pay one of to proofread his PRs and have them ready for english.
Your reading of it btw makes much more sense. Not saying its def correct but much more likely IMO. Pretty good news. CEO needs to do some market awareness on this pretty legit OTC. He puts out the solid news but no awareness to go alongside it.