One World Universe (OTCMKTS:OWUV) Stock Pulls Back After Recent Jump
California corporation, One World Universe (OTCMKTS:OWUV), has a mission-driven business of implementing global humanitarian efforts through profits generated from sales of services and products. The company is helping improve people’s lives living in harsh environments and communities. The firm has contributed towards precious resources like access to medications, personal protective equipment, vaccines, and educational support programs where basic and plays necessities are required.
Market Stats
On Friday, OWUV stock slumped 23.40% to $0.0850 with 17.21 million shares, compared to its average volume of 1.55 million shares. The stock moved within a range of $0.0750 – 0.1280 after opening trading at $0.1276.
One World Universe Inc. Announces the States Ameritrust is Providing Mortgage Services
One World Universe on July 22, 2022, announced the state Ameritrust is providing Mortgage Services. The company invests in distressed assets, sports businesses as well as business opportunities within emerging industries in more than 185 countries.
The company confirmed that Ameritrust has a “warehouse line” with Coastal Bank and even signed about a $20 million warehouse line capacity with Independent Bank. Currently approved for processing residential loans in a number of places such as CO, IL, TN, AZ, and PA, Ameritrust is waiting for approval in states such as NJ, MA, CT, NC, SC, MI, and FL, MN, OR amongst others.
Jerry C. Craig, President of One World Universe said that the company’s commitment to the veterans will always be one of the foundations for growth. Craig added that the association with veteran friends such as Nate Boyer as well as MVP Foundation is driving the ‘Home of the Free and Land of the Brave.’ He added that this would enable veterans to harness the lending company for doing VA home loans
Caren Currier, CFO of One World Universe said that though jerry is partial to the Army service, the company is providing resources to all troops and expresses gratitude to all branches of service to keep the country safe.
Key Quote
Jerry C. Craig, President of One World Universe, stated, “Our commitment to our veterans will always be one of the foundations for which we grow our company strong. It’s our association with our veteran friends, like Nate Boyer and the MVP Foundation, that we are driven and desire to have America stay the ‘Home of the Free and Land of the Brave’ that will allow veterans to utilize our lending company to do all of their VA home loans because we are a veteran-friendly organization. GO ARMY.”
One World Universe Inc. Provides Revenue Estimates from Ameritrust
One World Universe on July 21, 2022, said that the company is anticipating revenues from Ameritrust. During the discussions with B&D Capital Holding and Ameritrust, the company asked for quarterly revenue projections. This is especially during the ramp-up phase for the next six months.
Caren Currier, CFO of One World Universe, and B & D Capital Holdings said that the company can expect quarterly revenues of about $150,000,000. Currier added that the firm is anticipating a significant increase in the first quarter of 2023.
JC Property Management is scouting for properties near the military bases for purchasing and funding by Ameritrust. One World Universe can harness the subsidiaries for shareholders’ benefit even as serves the needs of the troops. Ameritrust will be able to give the company tools for moving forward. The company is excited about bringing the new venture and is looking for valuable assets to be brought forth to One World Universe for the benefit of the shareholders.
Traders Corner
OWUV stock is trading below the 50-Day and 200-Day Moving averages of $0.0401 and $0.0289 respectively. Moreover, the stock is trading below the 20-Day moving average of $0.1004.
