Oliveda International Inc (PK) (OLVI) News

Wow what a day

Someone took the lot at $5.10 for about $48k. Looking bully today!

2000% Q1 growth!!! Wow

https://www.globenewswire.com/news-release/2024/05/16/2883417/0/en/Waterless-Beauty-and-Olive-Tree-People-Achieves-over-2000-Q1-Growth-and-450-Q1-Growth-for-Oliveda-International-Inc.html

Interesting, this company definitely has a different way of doing things. Still trying to wrap my mind around it.

Investors aka olive tree orchard owners were to get paid by the company to harvest the leaves, etc.. At some point ownerships were converted into company shares, while the company now owns the orchards. As for the report discrepancies, i understand that their current public listing status does not require full transparency.

Owner and founder put out some press finally, says they are the fastest growing waterless beauty company in the US

The most recent SEC report shows a laundry list of shares issued to a bunch of people over the last couple years for “orchards in Spain”
Does anyone know what this is all about?
The also put out a circular a couple years back attempting to raise about 16mil which ironically is the same amount shown on the SEC report for “property assets” in 2023.
Can anyone help me connect the dots here and how does all of this contribute to their massive share price increase over the last few months?

The Annual Report sure is interesting. Net revenue from sales lower for the year than for the nine months ended 9/30? Am I reading that right? If so, that seems...implausible?

I’m still learning so I have to ask, by that do you mean adjusting the sale price on the order to match the current ask price? And selling at the bid price to create support? Thank you much! Also curious what stats you watch to give insight towards potential price climb/fall?

Of course take profits. I always try and take em on the ask when possible, and dumping into the bid always leave a little support. These low floaters tricky with large gaps on the bid/ask. GL Cheers!

Idk looks like it wants to go higher. Had a solid pullback from the highs looks like it wants to climb again. I have a couple small sells in the 7/8 range. This may run again before fillings?

lots of buys on the ask today!!!!

volatile due to small volumes. the more afloat the more true face we'll see

Love it!! I’m considering taking a little prof if it hits 5, what’s your thoughts?

OLVI looking very bullish. A little momo this moves so fast

http://www.stockta.com/cgi-bin/analysis.pl?symb=OLVI&cobrand=&mode=stock#google_vignette

That was the only conclusion I could come to as well. I found an article a few months back talking about how big companies like L’Oréal and others are moving into this “waterless beauty” trend and even using the same base (olive oil) as OLVI. Sometimes you just get lucky I suppose! Cheers! Big celebration when they hit double digits!!!!!

Not exactly sure. I know competitor Kiehl’s has done over a billion in yearly sales pushing water based products and the market has turned in our direction.

Congrats on the win. Still holding just over that with .06 average. Cheers!

I saw that article too, but how does just “targeting” a nasdaq listing cause such a run especially when the same article says they plan on diluting their own shares by offering an additional 50 million in the coming months? I bought in at .05 a share a couple years ago and currently hold 10,000 shares simply because I liked the stock but without some kind of hard facts or numbers to back up the current valuation I fear that it’s not sustainable. As much as I’d love to see them hit their target price of 12.50 a share I’m just not seeing how.

https://finance.yahoo.com/news/oliveda-international-inc-board-directors-121400099.html

Uplist to Nasdaq… $3+

Anyone know anything about what could be driving this insane run!?

Sitting at $3.89 with a bid at $4.07 OLVI

Move has started. It is going to be rocket ship toward closing.

If this closes above $4 then tomorrow it will close 52 weeks high

Boom!!!

Congrats! 02 to $8.50 high on Jan 23, 2024, is so awesome.

that would be nice considering I…..

…..

averaged up, lol.

I believe this will close above $4 today.

ah, ok, that may explain it but…….

…

wow, its so quiet on ihub and no convo over on stocktwits. maybe its being talked about on twitter (x) i dont have twitter.

I believe something is in-progress. Last year in Oct 2023, they announce that they are are planning to go on a Nasdaq stock market in October 2025.

wow, 3.99 high so far!!!!

whoever dumped yesterday missed out.

agreed

Who is the idiot with the market sale at the end? lol dumb dumb

lets do this!

Both above sp

BidxAsk tightening looking great

bring it!

If this closes above four on a high of day, tomorrow will be absolutely crazy

cool!

Could easily close above four dollars today if we get some hits

3.25 x 3.44

wow!

Back over $3 and rsi reset to 61

weeeee!

3.04 back on deck.

bid support building on this sleeping monster.

3’s up, weeee!!

yup, still going up.

bid and ask going up fast. (on L2)