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Tuesday, October 20, 2020

An Attempt at Resurrection for GVCL VENTURES INC COM USD0.001 (OTCMKTS:GVCL)

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GVCL VENTURES INC COM USD0.001 (OTCMKTS:GVCL) is a crash survivor, diving from over a buck per share in late May to a penny per share just 6 weeks later. It’s a remarkable drop. GVCL was a late entrant into the cannabis sweepstakes that followed the fanfare of US and Canadian strides toward legalization between November 2016 and March 2017. That said, one might want to note recent action both in the space and in this stock. While there are some signs of promotional activity here accounting for the added volume, it may yet be interesting to track the stock’s action in coming days as a point of reference.

As far as catalysts, the last we heard from GVCL was back in May, when it came out with the announcement that it had entered into a business and license agreement with Vapor Systems Corp. According to that release, “VSC is a leader in the new wave of products for consuming medical marijuana, cannabinoids, hemp and even alcohol in the form of Vapor Systems proprietary delivery system, thereby allowing for a safer consumption alternative. Like tobacco, marijuana smoke contains toxins that are known to be hazardous to the respiratory system. VSC cannabis and alcohol vaporizers are designed to let users inhale cannabinoids while avoiding the harmful toxins as well as inhaling alcohol without the traditional assault on the internal organs and calories consumed.”

GVCL VENTURES INC COM USD0.001 (OTCMKTS:GVCL) trumpets itself as a business opportunity company doing business as Global Vision Cannabis Life, which has entered the Cannabis, Hemp and Cannabinoid industry through a joint venture with a Revenue producing company and its parent company that design, manufacture, distribute and market Hemp, CBDs and alcohol based spirits.

According to company materials, “GVCL Ventures, Inc. (www.gvclventures.com), doing business as Global Vision Cannabis Life, is a business opportunity company with a primary focus on operational Cannabis, Hemp and CBD companies to work with for the purpose of enhancing shareholder value, in symphony with its wholly owned subsidiary, GVCL Marketing Corp., which provides a unique network marketing opportunity that utilizes its extensive access to online digital campaigns via the internet for its clients and partners, to enhance their productivity and revenue.”

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As noted above, this is an example of a stock as deeply oversold as one could ever dream up, having falling literally 99% in a matter of weeks. We like to track stocks like this because they can offer some interesting benchmarks for understanding where the marketplace is with regard to a sector like this. This is particularly true when we know there has been some “investor awareness” activity on the ticker.

Recall that GVCL announced back in early May that it had “entered the Cannabis, Hemp and Cannabinoid (CBD) industry through a joint venture agreement with Pyramidion Technology Group, Inc. (PYTG), for its wholly owned subsidiary, Bay Islands Company. Bay Islands Company (www.bayislandsco.com) is a revenue producing company that designs, manufactures, distributes and markets Hemp, CBDs and alcohol based spirits.”

Gerald Neziol, President of the Company, states, “This joint venture with an operational company in the cannabis industry is an ideal fit for us. So many companies in this high-risk, high-reward industry require large capital outlays while very often being months, years or perhaps never being able to reach the revenue producing stage.  This is certainly not our case. Bay Islands™ has already established a consistent revenue stream that will continue to grow. We look forward to sourcing and implementing further business opportunities to complement our new doing business as direction and name, Global Vision Cannabis Life.”

At this time, carrying a capital value in the market of $4.73M, GVCL draws a complete blank when it comes to the financials (basically no cash, debt, or sales). Recent action has seen nearly 160% during the past week in terms of shareholder gains in the listing, but that move comes in the context of a striking bearish trend. Moreover, the stock has seen interest climb, with an increase in recent trading volume of just shy of 980% over what the stock has registered over the longer term. It pays to take note of this fact with the stock trading on a float that is tight at just 10.1M shares. For continuing coverage on shares of $GVCL stock, as well as our other hot stock picks, sign up for our free newsletter today and get our next hot stock pick!

Disclosure: We hold no position in $GVCL, either long or short, and we have not been compensated for this article.

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