One World Universe Inc. (OTC:OWUV) Stock Extends Rally: Surges 25% in a Week
The trading week may be coming to a close, but investors are still going to be on the hunt for stocks to watch and track. On Thursday, a number of stocks came into focus among investors, and one of those that could be tracked this morning is One World Universe Inc. (OTC:OWUV). The company is involved in investments in sports-related businesses, distressed entities, and opportunities in emerging sectors like the metaverse.
Additionally, it also provides humanitarian aid to as many as 185 nations across the world. On November 2, the company came into focus after it announced that it was going to get into an agreement to become the majority shareholder of M.O.R.E. The president of the company, Jerry C. Craig, spoke about the development as well. He noted that everyone at the company was highly pleased at having been able to make the announcement about becoming the majority shareholder of the proprietary track and trace system from M.O.R.E.
He went on to note that the track and trace software had been developed for both collegiate and professional sports teams. However, it had been specifically developed for the management of the client base of over 1400 pharmacies. The software had been built for the purpose of dispensing, procuring, and disposing of prescription supplies and medication.
Additionally, M.O.R.E. had also provided its services to professional teams in the NHL, MLB, NFL, and NBA, as well as big and small collegiate teams, for more than a decade. The company agreed to the terms that had been put forward by One World Universe. However, the transaction would be concluded once the due diligence was completed by Jerry C. Craig. In the news release, the company also noted that the new commitment would not only be limited to the supply of pharmaceuticals but also work on building long-term relationships with customers.
One World Universe has been active in recent times with regards to deal-making. It was in focus on October 12 after it announced that it had started working on a joint venture with Champion Health Services, a wholesale pharmaceutical supplier based out of Southern California. Craig announced at the time that the company had been working on the above-mentioned joint venture for the purpose of supplying top-of-the line pharmaceutical products to the lion’s share of major league sports teams.
In the news release, the company also noted that Champion Health had been involved in the supply of quality pharmaceutical products for more than ten years. Additionally, its reliability and excellence made it a partner that gained the trust of the sports industry. Additionally, it also garnered a reputation for providing excellent customer service to its clients. One World Universe noted that due to the necessity of precision and speed in the world of sports, a robust support system had been put in place. The company went on to note that it believed that the joint venture would be a dynamic one for many years.
