Barchart is bullish on GOGY, and this morning's news is nice
Published: Wed, 02/10/16
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Morning all,
Barchart.com is super bullish on GOGY, and so am I. And this news the company announced this morning could be the catalyst for the breakout today... Golden Grail Technology Announces Merger With Accurate Venture A Leader in the Performance-Based Marketing Industry With a Proven Track Record, High Customer Retention, Exclusive Deals and Outstanding Customer Support DEERFIELD BEACH, FL--(Marketwired - February 10, 2016) - Golden Grail Technology Corp (GOGY) ("Golden Grail" or the "Company"), a technology and software solutions provider to companies with unique value propositions operating in mass market consumer sectors, announces merger with Accurate Venture. Accurate Venture (http://accurateventure.com) is a leader in the performance-based marketing industry. With a proven track record, high customer retention, exclusive deals and outstanding customer support, Accurate Venture continues to corner market share in four of the largest product verticals on the Internet. The merger will allow Golden Grail the opportunity to scale current operations with added capital. Increased media spending gives access to new larger media outlets. "Accurate Venture and their team are valuable additions to the Golden Grail model of developing eCommerce sites with an efficient use of technology, people and capital," Michael Brodsky, CEO Golden Grail Technology. Company director William Fisher says, "Whenever you look at any potential merger or acquisition, you look at the potential to create value for your shareholders. This deal with Golden, was the logical 'next step.' I founded Accurate Venture when I realized most companies don't truly understand internet marketing. I figured if offline sales were going to enjoy the benefits of our online branding
then we should enjoy the benefits of the offline profits. However, I didn't want the costs and potential pitfalls associated with manufacturing. So I crafted our first agreement that added profit from offline sales while limiting our exposure to the costs and risks of manufacturing. That first agreement was the start of Accurate Venture." Hello fellow investors / traders, Let me keep this short and sweet. I've got a screaming breakout play on tap today.
And if you need some convincing just look at the chart below... Solid volume has come into GOGY in recent days, and we've see a strong push higher followed by a couple weeks of consolidation and a slow "inch" higher. Now GOGY sits right at its recent previous high, just above its 100 day moving average, and is poised to breakout further. But don't just take my word for it. Barchart.com has issued an extremely bullish opinion on GOGY, check it out at http://www.barchart.com/quotes/stocks/GOGY Remember, its usually the second move of a breakout that is the biggest. GOGY is entering the second phase with a breakout above $0.04. And the late day surge in volume sets it up perfectly for a continuation of momentum. Even better is that GOGY has just a $1m market cap, and a tiny float of $296k. Golden Grail Technology Corp (GOGY) is a technology and software solutions provider to companies with unique value propositions operating in mass market consumer sectors such as jewelry, health and personal care, beauty, electronics, pet and animal supplies, sports and games. Golden Grail's mission is to utilize their network of industry experts, who specialize in targeting areas of business that can be accelerated with technology, in order to give small companies an opportunity to compete with industry giants. Learn more on their website http://goldengrailtechnology.com/ Just a couple days ago GOGY announced this major news... Golden Grail Has Signed a Distribution Agreement With Peru CropsPeru Crops Will Import Products for Golden Grail to Sell in the USA via Their E-Commerce InfrastructureDEERFIELD BEACH, FL--(Marketwired - February 08, 2016) - Golden Grail Technology Corp (OTC PINK: GOGY) "Golden Grail" or the "Company"), a technology and software solutions provider to companies with unique value propositions operating in mass market consumer sectors, signed a distribution agreement with Peru Crops http://www.perucrops.com/. Peru Crops is a Florida LLC, a subsidiary of Malki SAC a Peruvian company, which imports organic Peruvian products. Malki SAC was created as a national wide door-to-door cargo transportation company and natural product supplier; transporting all kind of products from and to every city in Peru, from the deep amazon jungle towns, through the highland Inca's cities on the Andes Mountains, to the big cities of the sea coast such as Lima. After almost 5 years of international and US logistics experience and 5 years of all kind of goods transportation experience in Peru, Malki SAC is ready to create an American company to import select organic USDA certified Peruvian products. Michael Brodsky, President says, "This distribution agreement is especially important to Golden Grail, as it opens the door to a highly profitable niche market, organic health food and supplements. Our commitment to our customers is to import organic foods as a healthy alternative for their well-being and peace of mind". Read this news in full at http://finance.yahoo.com/news/golden-grail-signed-distribution-agreement-123000358.htmlDo yourself a favor and get GOGY on watch right now. The volume is good, the chart is very hot and this breakout could deliver the biggest winner in the market. ShiznitStocks.com Disclaimer Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. For full disclaimer click here. |
