While the volume kept rolling in, the share price also rose. OTC:Pinksheet $OTTV went from .0003 to .003 in less than two week’s time. Now for some, one less zero may not seem like a big deal, but the ole saying “math doesn’t lie” solidifies the fact that just 1 decimal point spot is a 1000% gainer!
There is a cult like following for “sub penny” stocks as they are very affordable (you can get 1000 shares of a .0001 for $1). Just because a company is a sub penny, it doesn’t mean they are garbage or on the verge of bankruptcy. Many have poor share structures and are legitimate companies like VIVA Entertainment Group, Inc.
VIVA Entertainment Group, Inc. is a global entertainment and technology company connecting content owners and video distributors to deliver premium content on any smart device with a screen. Viva has developed an OTT system through which television services are delivered using the Internet protocol suite over a network such as the Internet, instead of being delivered through traditional terrestrial, satellite signal and cable television formats. Viva, your entertainment partner, provides subscribers access to the content they want anywhere, anytime. With a WiFi connection our customers can watch Live TV from around the world, TV shows, as well as movies on demand, Tele-video conference and many other interactive features. Independent and Major film studios, television networks, Telecoms, Cable Companies, and emerging ISPS partner with Viva for enhanced capabilities in multi platform video distribution. The only true end-to-end provider of premium content technology services, VIVA looks to license and deliver to traditional and OTT video distributors across the world.
The message boards are buzzing, the anticipation is high. Will $OTTV continue its climb to $0.01? We hall see this week.
Disclosure: The authors/owners of PSInvestor.com were not compensated for this article nor do they own any shares of the company.
