The Weekend Report
The below companies are extremely attractive and should be part of your portfolio.
- OMVS -
This is a very exciting company and their business model is the future in Robotics and the SS is just unbelievable (July 24, 2017, there were 71,739,750 shares of common stock are issued and outstanding).
There is a pending Merger in play and the announcement is very near.
The share price on the close of Friday is .17 on a trading range of 0.1075 - 0.174 with the close of .17.
The spike on the close is indicative of some very special announcements coming as was from a tweet from the CEO on Friday, has put this issue in the spotlight and the closing price of Friday may be the pivot point to much higher highs.
As with all pinksheet companies the SS must be watched. However, the strong business model, in my opinion, will not resort to a heavy hand on issuing and bloating the SS is probably very limited, since REV will certainly offset any need for such action.
This company is in a very hot sector in Robotics and as I see it right now a $1.00 per share is very achievable.
It appears the opening session probably will spike and gap up big time, so don't chase this on the opening and wait for a pullback, but as I see this now, we are going for new highs.
I love this company and would like to thank Duelittle for posting this issue.
This is the real deal and I recommend this as a strong buy and hold.
Go to the OMVS thread to further your due diligence. You will be impressed with this issue.
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- EXOL -
I have posted my reasons in a earlier post and think this issue is about to move to new highs pending the financials, out by August 15th. This company has an attractive SS and their business model is absolutely in in vogue for today's active lifestyle.
This issue will move above .01 upon release of the financials or sooner, but it will move up as their growth in this field is gaining steam. From just the last quarter financial, they had triple rev and many expect this to continue for at least through the end of the year and by just the way these folks run their company, makes for an attractive position that will reward your portfolio with some nice gains.
I recommend this as a strong by and hold.
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- Dolv -
I mentioned earlier that I expect the ticker change come by Monday. Now my reason for this was the recent updated SOS WY doc. That had to be in place and the update was needed for FINRA to move forward. However, when paper work is updated and then sent back to FINRA results in the effort of moving to the back in line. It's been a couple of weeks and should be coming soon.
Whatever the holdup, this is still a very good company and I understand holding is becoming very frustrating, but never the less, maintain a positive attitude and don't be impulsive and sell.. There is nothing wrong with taking profits and as with all pinksheet companies, is your first priority without reservation.
Let me mention something about the forthcoming financials.
The financials will not show REV since the Chinese entity is not operating under DOLV, so it would become a moot point to expect anything related to REV since DOLV is still a clean shell.
Now what the financials will show, is SS and possibly a asset based picture and any other related items that will show the breakdown of what kind of various partners and their respect to any financial instruments that these folks hold, ie; converts, warrants and preferred. This will be shown in the next financials.
If you are already in, HOLD and for you folks that are not, it is an opportunity to take a position. Regardless, the announcement will create a huge run and the financials will dictate the length of the run.
We have been waiting for sometime on the ticker change and it is unusual for this long wait. I have been doing R/M's as a consultant, but with respect to this company, it is going beyond regular order, but still should not deter the potential when we finally get there.
The Chinese are very methodical and precise in their business dealings. For this issue to come to closure, the length of time is probably based more on complicated process with a foreign country and when it is a HOLDING COMPANY (DOLV), the transfer of assets from a Chinese entity to the clean shell, may be the major hurdle that is making this a snail pace process.
It is for this reason why taking profits is always a solid prudent step.
That's it for this coming week.
See you all on the trading floor Monday. It is going to be a positive and exciting week and both OMVS and EXOL are going to be runners.
Have a good day
varok
