$OWUV Metaverse Stock To WatchAfter making headlines as 2021’s metaverse stock thanks to its metaverse land purchase, One World Universe Inc. (OTC: OWUV) has been venturing into new industries through acquisitions to minimize its risk. With the company securing the worldwide rights for a feature film and planning to expand globally, OWUV stock climbed 53% on these updates. Considering that the company is expected to release positive Q2 financials this week, OWUV stock could be a metaverse stock to watch.
OWUV Fundamentals
Metaverse Projects
OWUV was quick to jump on the opportunity of owning real estate in the metaverse, as the company stated that “available land is very limited, and we are in the midst of a land grab. Many major crypto whales and famous companies such as Atari, Adidas, Binance have bought up large blocks of land.”
With this in mind, OWUV acquired a new subsidiary – Meta Universe Holding Corp. – which will specialize in all Metaverse projects, services, and assets. Meta Universe Holding is in the process of securing a 3×3 parcel within the Sandbox metaverse through a transaction of nearly $125 thousand.
As a Metaverse platform, The Sandbox gives players the opportunity to monetize voxel ASSETS and gaming experiences on the Ethereum blockchain. With a thriving NFT market and LAND token, the rush to buy up a portion of the remaining 166,464 LANDS could make OWUV’s investment a wise decision. Each LAND is not only digital real estate in the Sandbox’s Metaverse but a unique NFT and its value has increased rapidly over the last quarter. At the moment LAND typically sells for more than $10,000 despite going for around $40 at the start of 2021.
Owning land in The Sandbox will give OWUV the chance to host events, create games, vote in metaverse’s governance, and monetize assets. The platform offers various revenue streams through hosting, staking, renting, selling NFT assets, and advertising as well.
With the same thing in mind, OWUV is looking to purchase land in Decentraland which has 90,601 individual plots of NFT land. Land on Decerterland can go for 3487 MANA or $16,737 but the most expensive land purchase was for $2.43 million last month. The average price for this land has gone up from $500 to $30,000 giving OWUV’s investment a potential upside as interest in the Metaverse continues to grow following Facebook’s name change.
OWUV assured investors that the land purchase was just the first step for Meta Universe and the company is planning joint ventures and more asset purchases in the near future. The company has already made good on its plans by purchasing property in Upland – another blockchain-based game for digital properties.
This Monopoly-style game is mapped onto the real world and has seen recent success after minting 2,000 NFT properties in 10 minutes for Bronx, NY. Some of these NFTs tied to the metaverse game were flipped for 50 to 100x their minted purchase price which could mean OWUV’s investment in Upland’s properties throughout Brooklyn, Staten Island, Chicago, Nashville, and Santa Clara will grow in value as these metropolises start to mirror their real-life counterparts.
If Meta Universe Holding Corp proves successful as the company’s Metaverse arm, then OWUV is considering spinning it out in 2022 – potentially giving OWUV shareholders dividends from the new stock. But the company has made progress on other fronts as well. The new stock can be a successor to OWUV and also become one of the hot penny stocks investors watch closely.
Announcing its intention to make a crypto coin that facilitates its work with the Metaverse, NFTs, and the blockchain, the company’s CEO shared his perspective that “giving out digital assets as a dividend was a unique way companies were utilizing the blockchain to fight the shorts or potential shorts due to their need to cover, not only the shares but the dividends also.” The CEO – Jerry C. Craig – clarified that if such a situation occurred, this could be an option.
Upcoming Acquisitions
Meanwhile, OWUV has plans to announce two more acquisitions planned before the end of the year. One will be in the sports industry but the other’s sector is still being explored as the company considers options in crypto, blockchain, biotech, cannabis, content streaming, and space travel sectors. OWUV’s management, which includes an OTC favorite – Caren Currier – as CFO, will ultimately determine the best sector from a financial perspective.
Seemingly bullish on OWUV’s chances in the new year, Currier shared that “The additional 3 companies will position OWUV with the ‘meat and potatoes’ shareholders have been waiting for with an impressive assortment of holdings which will better position us for success in 2022”.
It seems that investors share her enthusiasm especially after Currier announced plans for a buyback of approximately 5 million shares before the end of the year. This decision was taken to ease shareholders’ dilution concerns and is a bullish sign for the company’s future as it works to deliver on its promises to shareholders.
To highlight the company’s commitment to shareholder transparency, OWUV recently released notes from its latest BOD meeting. The company is already showing major signs of progress as it outlines its roadmap for growth in 2022 – detailing the direction of its current operations, new business ventures and future board hires.
Real Estate Venture
Going forward, OWUV announced its plans to enter into the real estate industry as it works on establishing a business in Houston, Texas. Because Houston remains one of the top real estate locations in the US, OWUV intends to capitalize on the growing demand for commercial and residential property in the area. This venture could prove a lucrative revenue stream for the company as properties continue to be purchased, remodeled, and sold or rented for profits.
Dysfunctional Rehabilitation
As a part of its aggressive growth-by-acquisition model, OWUV recently acquired a company specializing in corporate financial audits and legal documentation filings. Through this, OWUV is capitalizing on the increasing number of “expert market” companies demanding audited financials to become current with the OTC. Aside from generating major revenue, this acquisition will allow OWUV to deliver on its own uplisting goals. With this in mind, the company has assured investors that its first order of business is to gather all necessary filings and prepare for an OTCQB listing before EOY. In light of this, many are bullish that a NASDAQ listing is imminent.
Philanthropy
By utilizing the profits generated from this acquisition and new business ventures, OWUV is taking steps to deliver on its mission and improve people’s lives through global humanitarian efforts. As of now, the company is in the process of creating a philanthropic real estate business in Florida where it intends to remodel and donate a home to a US Veteran every year. Through this, the company intends to provide residences to homeless veterans as well as assist in employment opportunities. This venture is already in its final stage and is expected to be fully operational as soon as Q2 2022.
To sustain this growth, the company recently announced the addition of a retired major general to its BOD. This addition could open a plethora of opportunities for growth and could facilitate connections through military contracts, sector-specific involvement, and a potential spinoff company. To honor the major general, the company intends to launch a rare NFT collection and donate all proceeds to a military non-profit foundation that assists in military and veteran aid.
NFT Plans
In terms of its NFT plans, the company is currently working with agencies, celebrities, and artists to promote various famous NFT collections as well as create multiple rare 1 of 1 NFTs – which will be auctioned for real-world application and potential meet and greet opportunities. to further position itself in the metaverse, the company is partnering with ILUS to create a new crypto coin. While a timeline is yet to be confirmed, the company intends to release further updates regarding its metaverse, crypto coin, and NFT plans in the near future.
Share Structure
Aside from all these catalysts, investors are bullish on OWUV given its solid share structure – comprising of 200 million AS and over 199 million OS – as well as its promise of no dilution. In fact, the company has garnered a reputation for its frequent share buybacks – 5 million shares in December 2021 and an additional 250,000 shares on February 4th. With these share buybacks, the company is decreasing its already low float of 58 million – which in turn could position OWUV for a massive run as its many impending catalysts play out.
FilmRise
With the company constantly pursuing ventures in profitable industries, OWUV acquired a revenue generating media company – FilmRise – to assist the company in developing and producing movies and NFTs. This acquisition is part of OWUV’s plans to grow its revenues since FilmRise will provide the company with revenue streams in movie production, NFTs, art, and media. In this way, OWUV expects this acquisition to assist the company in its plans to uplist to the OTCQB. Based on these plans, OWUV stock could be one to hold onto for the long-term as these plans roll out.
For its first project under OWUV’s umbrella, FilmRise acquired the worldwide rights to Nate Boyer’s directorial feature film debut “MVP”. Promoting the non-profit Merging Vets & Players organization, MVP will be released theatrically in on-demand fundraising screenings and special bookings, festivals, as well as organizational screenings following its worldwide digital release. Through this agreement, FilmRise will work alongside Merging Vets & Players and the NFL to launch a multi-tiered distribution and fund-raising initiatives for the film this summer and will run through the upcoming NFL season. By partnering with such reputable organizations, the company could attract new investors which could reflect on OWUV stock’s PPS.
Prior to acquiring his movie’s worldwide rights, OWUV and Boyer had a collaboration agreement regarding the release of the “Merging Vets & Players The Movie” NFT collection. These NFTs are derived from the well-known Bored Ape Yacht Club and will be a tribute to the Merging Vets & Players foundation. While this collection was scheduled to launch last February, OWUV and Boyer agreed to launch the collection at a closer date to MVP’s release to promote the film and bring more awareness to the NFT collection. With this in mind, OWUV expects the collection to sell out upon launch as it has a limited supply of only 250 NFTs. As the company continues growing in the NFT space, OWUV could be a metaverse stock to invest in for the long-term.
Considering the company’s focus on helping veterans, OWUV is currently in negotiations with Save the Brave foundation where both parties will support each other’s causes. It is worth noting that Boyer is familiar with Save the Brave and has been contributing to the organization. Meanwhile, OWUV’s executives are scheduled to have a meeting with Boyer to discuss projects outside the US. In light of this, OWUV could be on track to deliver major value to its shareholders if the global expansion talks are positive.
Ameritrust
Moving forward with its growth-by-acquisition model, OWUV acquired a 67% interest in a national lending company – Ameritrust Mortgage Corporation – alongside its parent company J Craig Holding Corporation. Considering the growing demand for home ownership, OWUV is capitalizing on the urgent need for additional reputable lenders as it formed B&D Capital Holding for Ameritrust. Since Ameritrust offers accelerated and easy loan processes, OWUV is bullish the revenues from this acquisition will allow its other subsidiaries to grow substantially.
Looking to start operations for its new subsidiary, OWUV funded the first tranche of $1 million to Ameritrust to start providing homeowners with new loans. In this way, Ameritrust is expected to start realizing revenues for OWUV – increasing shareholders’ value. On that note, OWUV had discussions with the management of B&D Capital and Ameritrust over the quarterly revenue projections. With this in mind, OWUV’s CEO Caren Currier expects to see quarterly revenues of $150 million with the potential to further increase in Q1 2023. In light of this, OWUV stock could be a profitable metaverse stock to hold long-term.
Following the acquisition of Ameritrust, OWUV is looking for properties near military bases to acquire which will be funded by the subsidiary. At the same time, OWUV is looking to secure warehouse agreements where Ameritrust will provide the company with the required tools to secure these agreements. With this in mind, Ameritrust recently secured a warehouse line with Coastal Bank and signed another $20 million warehouse line with Independent Bank. In the meantime, Ameritrust is approved to process residential loans in 5 states and is waiting for approval from 14 additional states. As Ameritrust continues expanding its footprint across the nation, OWUV could be on track to achieve its projected revenues from this business division.
Dysfunctional Rehabilitation
Currently the company’s main revenue stream, OWUV has been looking to grow this business to increase its revenues. Based on this, OWUV partnered with Friends with Business Inc. to help new businesses register their companies and provide a one-stop-shop for business services. In addition to providing new businesses with state registration, Friends with Business will also act as a portal for current businesses to sell their services to start-up companies.
By utilizing OWUV’s management’s experience and the business plan and portal of Friends with Business, new businesses will be able to start their companies at a much lower cost in less time. Through this partnership, OWUV could be well-positioned for financial growth as it presents the company with an opportunity to offer additional services to uplist these new businesses through Dysfunctional Rehabilitation.
Meanwhile, Dysfunctional Rehabilitation is starting to show its real potential as the subsidiary has been engaged by 6 defunct expert market companies to regain compliance with the SEC and become Pink Current. Although these companies remain undisclosed, OWUV intends to announce these companies once they become Pink Current. As Currier is OWUV’s CEO, many investors are bullish that her involvement in the company could be the main driver for this business line. With this in mind, OWUV is confident the revenue streams from helping these 6 companies could be more significant than the company’s previous deals. With the company constantly expanding into new businesses, OWUV stock could be a metaverse stock to watch for more deals.
OWUV Financials
Looking at OWUV’s Q1 financials, the company has $1.5 million in assets and $182.5 thousand in liabilities. Meanwhile, the company realized $25.1 thousand from its consulting business and reported a net loss of $22.8 thousand. Despite these financials, investors are anticipating the company’s Q2 financials since Currier shared “I feel our shareholders will be pleased with this upcoming disclosure”. With the report expected to be released this week, OWUV could be a metaverse stock to buy now in anticipation.
Technical Analysis
Currently trading at $.085, OWUV stock has supports near .0639, .0485, and .0272. Meanwhile, the stock shows resistances near .0871 and .1357. After acquiring the worldwide rights to Boyer’s film and sharing news regarding a potential global expansion, OWUV surged by as much as 53% thanks to the potential of these updates. With the stock failing to break through its resistance twice, OWUV could be poised to retest its support unless the company shares more updates. With this in mind, retests of supports could be ideal entry points on OWUV stock in anticipation of the company’s Q2 financials which are planned to be released this week.
Accumulation is stable following a recent steep downtick thanks to OWUV’s 198% run. Meanwhile, the MACD is bullish to the upside and the RSI slightly cooled off from 71 to 65 indicating that the stock is slightly overbought. OWUV has an OS of 199.3 million and a float of 101.2 million. With low float stocks gaining more interest lately, OWUV could be a metaverse stock worth watching.
OWUV Forecast
With its long list of upcoming catalysts, OWUV could be a metaverse stock to look out for. Currently, the company is preparing to release its Q2 financials this week. Considering that Currier bullish that investors will be pleased with the report, OWUV could be on track to show substantial growth. Investors are also bullish on the company’s revenue projections of $150 million quarterly for Ameritrust. If the company reports such revenues, OWUV stock could be extremely undervalued based on its current market cap of $16.9 million.
Meanwhile, the company’s meeting with Boyer to discuss potential projects outside the US is a major catalyst to watch since the company could add more revenue streams which will add value to its shareholders. In light of these catalysts, investors are bullish this metaverse stock could see a major run-up soon on more news from the company.
