Should You Bet The Farm On Verity Corp. (VRTY) Stock?

VRTY Stock, Verity Corp.Bottom feeders of the OTC on the hunt for a penny stock that could grow by leaps and bounds should take a close look at Verity Corp. (VRTY). Having just barely come off their 52wk low set last week, 0.06, shares of VRTY stock are not trading heavy at the moment which makes planting seeds this winter for a possible spring sprout even that more appetizing. With a previous 10-bagger run this time 2 years ago, the slide from July on this agricultural services company looks to be an invitation to sit at the table well in advance of the gains being served up.

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VRTY Stock Quote

Verity Corp. has grown quite a bit since it was strictly focused on sales of their installed under the sink AquaLiv® Water System. Since the Company changed their name and effectuated a 1 for 100 reverse split in April, 2013, they have become a player n the field of providing products that can be widely used by either conventional or organic/non-GMO farms.

What Verity does is pretty simple – they improve soil and crop health through the use of environmentally friendly crop inputs including proprietary soil media. Kinda thinking of them as a big compost provider, the money they have managed to book over the course of their first 18 months as a publicly traded company would normally be a reason for their stock to be going up, not down.

While sales for the first nine fiscal months of 2014 ended June 30, 2014 grew 15% compared to the same period in 2013, $2,440,336 versus $2,108,885, cost of goods sold also increased, yet Verity Corp. still managed to maintain a 45% gross margin in sales for the nine months ended. The minimal growth over the two periods is still significant when you consider that sales for the fiscal year ended September 30, 2012 were just $449,626.

Looking ahead, Verity is working on a couple of products that could really be game changers for them in the industry. They have Verity Turf, an environmentally-friendly fertilizer that produces a natural, weed-free lawn that is safe for both people and pets, Verity Water Systems and Verity Grain, grains that originate from only non-GMO (non-genetically modified organism) seeds which are raised on soil which has tested below detectable limits for 250 known carcinogens and chemicals residues, and Verity Meats, all-natural meat products born and raised with pride by American Family Farmers throughout South Dakota, Minnesota and Iowa.

However, the big game changer could be Verity Produce. This division of the Company is their newest one, consisting of fruits and vegetables which are raised for human consumption. If this successfully launches, there is a potential for this already in the farm industry company to blossom.

What’s puzzling is that just days after the Company announced that new protocols/products showed clear evidence of significantly improved soybean crop yields, a 42% increase over the market average, VRTY stock hit a 52wk low of 0.06, a price level not seen since back in November, 2012. Due to report revenues of roughly $3 million for the year ended September 30, 2014, that would mean that Verity’s annual sales are 3X the current VRTY market cap, $1,017,720.

Looking back at 2014 and prior, volume has never been big on VRTY stock, with the current average being 20,985. However, when volume does hit the ticker, multi-session runs worth 300% (May, 2014) and 1,000% (January, 2013) have been the result which is a good reason to look into sowing a seed or two of VRTY while it’s still winter.

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About VRTY Stock

Verity Corp. is a development stage, natural-oriented, technologically sophisticated agribusiness services company that provides consumers with safe, high-quality and nutritious food sources and high-quality water for drinking and for agricultural and livestock production.

Click here to view the SEC filings for VRTY.
Click here to view the website for Verity Corp.

Authorized: 1,000,000,000
Issued and Outstanding: 10,177,201

Last 5 Trading Sessions:

Date Open High Low Last Change % Chg Volume
12/02/14 0.1000 0.1000 0.0700 0.1000 +0.0400 +66.67% 103,800
11/28/14 0.0600 0.0600 0.0600 0.0600 -0.0500 -45.45% 100
11/24/14 0.0830 0.1100 0.0700 0.1100 +0.0100 +10.00% 119,800
11/21/14 0.1040 0.1040 0.0980 0.1000 -0.0200 -16.67% 29,200
11/20/14 0.1200 0.1200 0.1200 0.1200 +0.0100 +9.09% 10,000

 

Bottom Line:

Low volume, inconsistent trading penny stocks like VRTY are for the patient, long view type of investor who can see 3-6 months ahead of where the stock is right now. With the 10-K due to come out in January, a close look at what could be a an easy multi-triple digit winner in early 2015 is well worth the time farming the resources needed to make a decision. While VRTY stock currently sits with a bid of 0.07 and an ask of 0.11, as low as this float is and how its moved in the past, t doesn’t appear like it’s going to get much cheaper than it is now.

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