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[pdtpatrick]

I was surprised it tanked like it did. I guess friday profit taking. For some reason I thought we would see a run instead I end up 30% down :( .

Now that it's cheap - let's see if it goes on a good run again.

[tbowz]

Let's hope that it does make a nice run. If they can increase manufacturing and sales this will be a home run pick. The entry into the Mexican and Southern California markets for Credit Cards and Credit Card Processing is very promising in my opinion. They do have over 3 million in accumulated debt but were only 22 thousand away from turning a profit in the 2nd quarter of 2009.

[pdtpatrick]

Usually when companies start blowing numbers like these in their PRs, I start to go uh oh -- not a another SPNG or IGNT. But a trade is a trade and the bottomline is you are going to make money if you play your cards right. Here's the article i'm talking about.

"Nearly 37 million Hispanics reside in the United States. Hispanics are the fastest growing segment of the U.S. population. It is estimated that approximately 50% of Hispanics are unbanked and regularly send money home. In 2008, nearly $29 billion were sent from the U.S. to Mexico, Central & South America. Sending funds using traditional methods like Western Union and Moneygram typically results in charges equal to or over 10% of the amount sent. 1World Card will be 90% cheaper than current products in the market today and is expected to drive significant sales, profits and residual income for 1World Card.

"We are very pleased to expand our portfolio of prepaid products specifically designed for Hispanic Mexican communities," said Steve Prior, CEO One World Ventures, Inc. "Individuals of Mexican origin are the largest group of Hispanics living in the United States, and we see an increasing demand for products that are reasonably priced that resonate with this target group, while providing ultimate consumer convenience."

I can't wait to hear more in the coming weeks, this is getting good.


AGAIN -- this company was trading pretty high a few months/year ago so could we expect a repeat - hell i don't know but I do know is right now it has lots of buzz which means as the pps dips, people are going to buy (those hopeful and believers) so we generate support along the lines and with enough buyers, we can reverse this trend and speed this puppy up and create an even bigger buzz.

On that note, I might want to add a good advice, get out while you are ontop, if you are up 100%, take 75% out and let the 25% (free shares) just ride, if it tanks then oh well, but if it goes up 10X then more money for you. This should be the idea we all carry on with. If only I had a few things a bit earlier :)

Good luck traders. JOIN US In the Chat in the mornings - a worthwhile place to dwell.

[riches2rags2]

Very good advise Patrick.

Best of luck to all!

[tbowz]

Here is some additional Market Analysis from Beacon Equity:

Overview

OWVI engages in technologies and systems of trade, finance, telecommunications worldwide. The Company seeks and invests in novel ways of facilitating traditional ways of commerce and telecommunications, focusing on emerging and niche markets not presently served optimally. Leveraging its international experience in Central America, Africa and Asia, the Company’s business model includes revenue derived through memberships, commissions and transaction fees in these strategic areas of the world.

Market and Outlook

Contrary to the flattening or declining trends of many industries affected by the contraction of credit and world GDP, the remittance industry has grown and expected to continue to grow rapidly. The potential of the industry far exceeds the $305 billion market achieved in 2008. With approximately 200 million people living and working outside their country of origin, the industry is expected to continue expanding in quantity of potential customers as well as services offered by companies engaged in this market.

Examples of niche markets under-served include Saudi Arabia with its nearly 7 million immigrants contributing to the $17 billion remittance market there, according to World Bank data for 2008. The Philippines currently reports approximately 10% of its total GDP attributable to remittances from Filipino overseas workers. The population of the Philippines recently surpassed 90 million.

More comprehensive data published in 2005 reveal the number of immigrants in the United States reached 38.4 million, 12.1 million in Russia, 10.1 million in Germany, 6.8 million in Ukraine, 6.5 million in France, 6.1 in Canada, 5.7 million in India, 5.4 million in the U.K. and 4.1 million in Australia, according to a report by the International Organization for Migration.

The leading recipients of remittances include India ($45 billion), China $34.5 billion), Mexico ($26.2 billion), Philippines (18.3 billion) and Poland ($11 billion).

Core customers are expatriate workers from China, India, Africa, South America and the Philippines, where the number of overseas workers are nominally high and growing.

Products and Services

1WorldAuction is an inexpensive worldwide auction platform for buyers and sellers of personal items, including big-ticket items such as motorcycles and automobiles. The Company facilitates buyers’ access to personal Web sites where they can display items for sale. The Web sites are monetized through advertising from partners and other merchants.

1WorldCard is a pre-paid multi-purpose debit card designed to service customers without traditional banking or checking accounts. The Company offers an inexpensive, secure and convenient alternative to services and products offered by traditional banks and credit unions that pose several barriers to temporary workers and non-residents. The recent focus on anti-money laundering within the integrated banking system of the OECD discourages non-residents and temporary workers from conducting business within this system. OWVI offers a secure debit card, through which, funds can be accessed at more than 800,000 ATMs within 10 minutes of the original overseas transfer. The 1WorldCard can also be used to make Point-of-Service (POS) transactions at recognized merchants, worldwide.

Recent News

In late April, OWVI announced it entered the United States – Philippines remittance market. The Company’s 1WorldCard will now be available in the United States to Filipinos transfer money to the Philippines. The market for Filipino remittances is estimated at $16.4 billion per year.


This stock will rise high in the longer term.

[pdtpatrick]

Good supplementary information tbowz :) In due time we'll get a nice pop.

[tbowz]

We saw a nice run up to 0.0044 this week after some news on Wednesday. It didn't go as high as the previous week, 0.0058, when there were more press releases.

Do we expect a sell of on Friday?

[pdtpatrick]

Well it can sell off anymore than it is now since most people seem to be day trading it from the look of the ups and downs the last couple of weeks.

I would probably just wait it out -- if you are already in, wait for a good spike and get out and if you are out then you can probably catch this on its next run to 40 and make a good chump change :)

Sometimes you just gotta take what the stock gives ya.

[WhiskeyDouble]

I have been watching this co. Today is a confrence call, i have a feeling this will run x2

[tbowz]

It may double from the information given on the audio interview. But the real gain in share value will be if and when (probably when) they start turning a quarterly profit.