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OSL Holdings Inc.'s Stock Value and Volume Soar amid Acquisition

Thursday, 23 October 2014 06:26 AM

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OSL Holdings Inc.'s (OTCQB: OSLH) stock value shot through the Stratosphere Oct. 22, with 13 million shares changing hands, more than 23 times higher than it 30-day average volume of 545,554 shares.

At the same time, OSLH's share value also skyrocketed, closing at 2 cents, up 1 cent from its share price of 1 cent the previous day.

Acquires Go Green Hydroponics

The upsurge in volume and share value appear to have been triggered by the Yardley, Penn.-based company’s Oct. 22 acquisition of Go Green Hydroponics, Inc. ("Go Green Hydroponics") a privately held hydroponics, indoor gardening and cultivation supply retail operation, located in Los Angeles, California, specializing in the sale of hydroponic cultivation equipment, mineral nutrient solutions and gardening resources and equipment.

Go Green Hydroponics achieved revenues of approximately $2.4 million in the first nine months of 2014 and is expected to reach revenues of approximately $3.0 million in fiscal 2014 with expected future annual revenue increases at a rate of 10% to 15% with expected gross profit margins of approximately 25% to 30%.

OSL acquired Go Green Hydroponics for $1.8 million subject to certain post closing adjustments based on a target working capital amount. OSL also closed on a debt financing transaction in the amount of $1.9 million, the proceeds of which were used to fund the Go Green Hydroponics acquisition and for OSL working capital.

Find out what could be the best investor's move when it comes to OSLH by getting the complete report here, or by cutting and pasting the following link in your Web browser:

http://www.sixfigurestockpicks.com

CannaVest Corp.'s Share Value Continues to Slide amid Investor Disenchantment

CannaVest Corp. (OTCQB: CANV) experienced robust stock volume Oct. 22, with 196,416 shares changing hands, nearly double its 30-day average volume of 100,867.

However, CannaVest's share value is a long way from where it was earlier this year, falling from $24.21 a share in April, to its current paltry share value of $3.10 as of Oct. 22, down 7 cents from its share price of $3.17 the previous day.

In the past few months, the Las Vegas-based company engaged in manufacturing, marketing and selling products containing hemp oil, including CBD, has issued a barrage of positive press releases, but has been unable revive the enthusiasm surrounding it and other marijuana penny stocks. Some industry experts contend that the enchantment investors had for it and other weed stocks has apparently worn thin.

They add that this is because many states that were supposed to embrace legalization, according to the experts, didn’t. Plus, they point out that most of the marijuana companies failed to create the innovative products they touted this year.

Find out what could be the best investor's move when it comes to CANV by getting the complete report here, or by cutting and pasting the following link in your Web browser:

http://www.sixfigurestockpicks.com

Electronic Cigarettes International Group Gets Ready for its IPO

On Oct. 22, Electronic Cigarettes International Group Ltd.'s (OTCQB: ECIG) share value closed at $4.60, down 43 cents from its closing price of $5.03 the previous day, on average volume of 62,593 shares.

All has been quiet for the Grand Rapids, MI-based e-cigarette maker gets ready in the week ahead for its IPO of 33.3M shares of common stock at a prospective price of $4.50 per share. The firm is selling 28,443,133 shares and selling shareholders are offering 4,890,200.

The company markets and distributes electronic cigarettes and accessories through over 50,000 retailers throughout the world.

Find out what could be the best investor's move when it comes to ECIG by getting the complete report here or by cutting and pasting the following link in your Web browser:

www.sixfigurestockpicks.com

IFAN Financial's Stock Volume and Share Value Rise

IFAN Financial Inc.'s (OTCPink: IFAN) stock volume soared Oct. 22, with 945,145 share changing hands, more than 7 times higher than its 30-day average volume of 137,925 shares.

At the same time, IFAN's share value increased 22.22%, closing at 55 cents a share, up 10 cents from it closing price of 45 cents the previous day.

What's behind the sudden surged in the San Diego-based mobile payment company is a mystery, because the company hasn't been in the news lately or issued any press releases.

What we do know is that IFAN. and its wholly owned subsidiaries design, develop, and distribute software to enable mobile payments.

These include the ability to use a debit card and corresponding PIN number while purchasing online on a mobile phone, tablet, or computer.

Using a PIN online does not send the user's debit card data to the merchant, thus protecting the user's information.

Another product is Quidme, a platform being developed to enable peer-to-peer mobile payments using a smartphone or the text function of a standard phone.

Find out what could be the best investor's move when it comes to IFAN by getting the complete report here or by cutting and pasting the following link in your Web browser:

www.sixfigurestockpicks.com

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