If you truly believe that 420stuffandsuch.com will be able to deliver to your doorstep an exciting box full of awesome marijuana ans cannabis related smoking products that are hand selected by their experts, then perhaps the penny stock of Nevis Capital Corp. (OCEE) is one you might want to watch. Having been traded about as often as you remember to call your grandmother and thank her for the knitted sweater she sent you in the last care package, OCEE stock is looking to light up the screens today on the heels of a $20,000 awareness campaign headed by the MJ Stock Reporter and their list of affiliate sites. With websites that look about as professional as a back alley weed dealer, some message board posters already have questions towards their legitimacy, anticipating big bags of cement are due to come from this.
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OCEE Stock Quote
Market Cap: 18.49M
Last: 0.67 ▼ -0.08 (-10.67%)
Dollar Volume: $1,365
14-Day RSI: 53.59%
1st Resistance Point: 0.7367
1st Support Level: 0.6367
YTD High: 2.98
52Wk Low: 0.172
Nevis Capital is supposed to be focused on quickly and profitably dominating niche non-U.S. Online Casino and Sportsbook markets after changing their name and business model in July, 2013 over from Sino Cement, Inc., a manufacturer and supplier of cement, clinker and slag powder, with a dominant market presence in Shaanxi Province, China. They stuck with China at first after announcing plans to acquire 100% of Macau Live Gaming, S.A., a Costa Rica corporation engaged in worldwide online gaming, to non-U.S. clients and the acquisition of boutique hotels and casinos in Costa Rica, and to provide Online Casino services to major hotels with casinos but who do not have online operations.
Those business operations never kicked off as was evidenced by the last financial update for the 3 months ended January 31, 2014. What was noteworthy was that Nevis Capital did state that they only had $3,851 worth of current liabilities which were marked as loans payable and also that Mrs. Guiselle Torres, President of III D.COM SA, had control of 54%, 14,862,000 shares of OCEE stock, making the supposed float slightly less than 13,000,000.
The issue arises when could-be investors of OCEE stock visit 420 Stuff & Such, the planned online retail operation that will take Nevis Capital into the marijuana sector – the holy grail for dead-to-rights pinksheet shell corps. Greeted by a logo design that only a kindergartner could have finger painted and Twitter account logo that was ripped off someone’s MySpace page (have a real close look at it). Seeing as how the most recent tweets have been bashing Creative Edge Nutrition, Inc. (FITX), it will be sweet revenge for FITX shareholders when they witness OCEE stock trading at 1/10th today’s opening price in a few weeks.
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About OCEE Stock
Nevis Capital Corporation is a development stage company operating as a holding company that is looking to identify and complete investment deals with cannabis companies that provide cannabis consumers the products and technologies needed for the legal use of marijuana.
Issued and Outstanding: 27,593,990
Last 5 Trading Sessions:
Pot penny stocks as poorly constructed from the back office as OCEE is have a snowball’s chance in hell of being a winner for anything more than a fraction of a minute or two. IF the float is as accurate as can be deduced from the last financial update with OTCMarkets, perhaps at 0.067 OCEE stock is a play worth throwing some pocket change at. At 10X that price, it’s better to donate that pocket change to your local homeless shelter so they can atleast buy them some food that will be delivered.
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