Following two months of continued losses, the S&P 500 opened Monday on pace to end the month of February with a net increase. This news comes as a result of crude oil prices not only stabilizing, but beginning to slightly rise after being in decline for nearly four months. These upward trends are exciting American investors, as domestic shares are on the rise despite global markets continuing to decline. Three American headquartered micro-cap companies are aiming to use these positive market tendencies to further develop their increasing shareholder value. Legacy Ventures International, Inc. (OTCBB:LGYV), Vapor Corp. (OTCMKTS:VPCO), and Eco Depot, Inc. (OTCMKTS:ECDP) are three uniquely positioned micro-cap companies that have proven themselves to deliver returns to their investors.
Legacy Ventures International, Inc. (OTCBB:LGYV)
Legacy Ventures International is in the business of acquiring companies that satisfy their customer’s food and beverage needs through the sale and distribution of products that are sustainable, innovative, and trend-setting. In a recent publication, Legacy Ventures announced that its subsidiary, RM Fresh Brands, Inc., as the master Canadian distributor for Healthy Crunch brand products. The Healthy Crunch Company produces premium small-batch kale chips and plans to expand distribution throughout North America. With regards to the recent announcement, the CEO of RM Fresh Brands, Ron Patel, said, “We are excited to represent the best, premium and healthy kale chip available in the market, and look forward to contributing to the growth of The Healthy Crunch Company.”
Legacy Ventures released its announcement regarding RM Fresh Brand being selected as the master distributor for Healthy Crunch on January 21st, which was their first press release in over a month. During that time investor’s were seemingly worried about the company as their share price was falling, bottoming out on January 13th with a closing price of $0.925. However, in the days leading up to the press release, Legacy Venture’s stock (OTCBB:LGYV) reestablished its ability to deliver returns to those who hold their shares. Over the six trading day period leading up to the announcement, the share price rose at an average daily rate of 3.92%. The total return of the short time window was 20% with the price rising 8.33% in the day preceding the announcement. Legacy Venture’s stock has been able to provide short-term returns to its investors with daily returns reaching higher than 8%.
Vapor Corp. (OTCMKTS:VPCO)
Vapor Corp. is in the business of satisfying its customers nicotine needs with products that are smoke, tar, ash, and carbon monoxide free, include innovative technology, and are delivered through a streamlined supply chain. Vapor Corp. has experienced a shaky start to the new year, but there are still signals for potential investors to be excited about Vapor Corp.’s stock (OTCMKTS:VPCO). For example, on February 11th Vapor Corp.’s stock had a volume of roughly 10 million shares, yet on the 29th there are currently 121.8 million shares being traded. This is indicative of the momentum Vapor Corp. has been experiencing as investor’s are looking to buy low on the equity. In addition, the closing price on the 11th for OTCMKTS:VPCO is listed at $0.0006, yet the 29th saw the price reaching highs of $0.0027 for a return of 350%. Although the stock has been experiencing a slow start to 2016, Vapor Corp.’s common stock has potential for investor’s to experience returns as the company seeks to rebound back to its former levels.
Eco Depot, Inc. (OTCMKTS:ECDP)
The mission of Eco Depot, Inc. is to create and market environmentally friendly products to fill a multitude of target market’s needs. Eco Depot, Inc. recently announced that they have officially came to terms on a distribution agreement with PureNext Technologies, Inc. for the rights to distribute the WaterGizzi 360 and WaterGizzi Squeeze products. Eco Depot, Inc. has agreed to sell 2,000,000 existing shares of its stock, and issue 10,000,000 more to PureNext Technologies, Inc. for thr rights to sell the WaterGizzi products. The transaction will become official once the products complete their passage through the developmental stage, yet the news still creates potential value to investors.
The market has been excited regarding the deal nearing finalization with Eco Depot, Inc.’s stock (OTCMKTS:ECDP) providing returns over the past 22 trading days, dating from January 26th to February 26th. Over this time period the share price of (OTCMKTS:ECDP) has risen 177.78%. In addition, over this time period, the average daily return stemming from Eco Depot’s stock has been 8.32% with daily returns reaching levels as high as 100.00%. Eco Depot, Inc. has established itself as a company with potential to provide steady returns over long time periods and more extreme returns over short time periods.
Legacy Ventures International, Inc. (OTCBB:LGYV), Vapor Corp. (OTCMKTS:VPCO), and Eco Depot, Inc. (OTCMKTS:ECDP) are three micro-cap companies that provide unique opportunities for their investors to attain value. These companies performances are bolstered by Wall Street’s recent strengthening due to the rebound of oil prices. The S&P 500 is on pace to end February at a net increase which would snap a two month streak of losses. These favorable market conditions provide these micro-cap companies with more opportunity to continue their growth and deliver returns to their investors.