Rumors of a huge awareness campaign set to commence on Bravo Enterprises Ltd. (OGNG) are spreading after seeing the shares get unloaded into the market Monday. Backed by a Friday issued 8-K and some PR issued prior to the start of the week’s trading session, OGNG stock went “ape feces,” gapping up over 129% at the open before closing out the session near the HOD. Focused on banking off air-to-water technology and considering that there are other high priced stocks already out there like LTCH, can the OTCMarkets handle this type of price movement all off an atmospheric water harvester system?
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OGNG Stock Chart
Market Cap: 868.60K
Close: 0.115, up 0.102 (784.62%)
Dollar Volume: $38,026
Average Trade Size: 9,701
Issued and Outstanding: 7,553,524
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Wow! If you thought Sesame Street and the Muppets were amazing as a kid, talking stuffed dolls on a television screen, then hold on to your hat when you read the Friday filed 8-K. These atmospheric water harvesters that Bravo Enterprises now has the exclusive manufacturing, distribution and marketing rights on for 9 years with a renewable 9 year option feature innovative technology that operates by:
* Pulling air through a filter and coil.
* This cools the incoming air, thus producing condensation.
* It then captures the water.
* The water is pumped through a series of filtration systems and germicidal ultraviolet reactors for purification.
That’s amazing! The atmospheric water harvester can produce up to 3,000 gallons of drinking water under optimum conditions, like when you pour 3,000 gallons of water into them. To think air could be turned into water? Science books are going to have to be re-written from this life changing technology.
What’s even more amazing is that it can all be done by Bravo for less than $1,202. At least that’s what the Company reported for cash as of September 30, 2012. Add in the $2,952 in recoverable taxes and securities they could sell and you got $8,316. Since they got away with gaining these exclusive rights by issuing 120 million restricted shares to Water For The World Manufacturing Inc., it’s a deal of a lifetime. Just imagine, if Bravo Enterprises announces the sale of a unit, OGNG stock will likely go to $200 a share if it can go to 0.12 off an agreement alone.
About OGNG Stock
Bravo Enterprises Ltd., formerly known as Asdar Group Inc., Asdar Inc., Avalon Energy Corp., Avalon Gold Corp., Iceberg Brands Corp., Organa Gardens International Inc., Particle Drilling Technologies Inc, Precise Life Sciences Ltd., and also Shotgun Energy Corp., was advised by FINRA on June 7, 2012 that it had received the necessary documentation to announce the 1-for-20 reverse stock split approved by the Company on May 9, 2012. Click here to view the SEC filings for OGNG.
Last 5 Trading Sessions:
Bottom Line: OGNG looks like a penny stock worth passing on for all intents and purposes. Too bad they switched over their game plan of not making money to this air-to-water funk since their last gig, Organa Gardens was focused on hydroponics vertical farming. Had OGNG stock been under the marijuana umbrella this summer, they could have banked easier money than diluting their stock based on the same hype LTCH is already flowing on.
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