HotOtc.com - OWVI ran up 900 Percent in the Summer


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More on OWVI.




Put OWVI on your watch list. It broke out of a resistance level on Friday. OWVI may keep climbing next week.

OWVI in the Summer ran up roughly 900%!!!  That is just simply mind boggling.  Could it be starting again?

Make sure you read all of OWVI's news. OWVI has released many promising PRs in the last few months.

More than half of the workforce in the world has neither a bank account nor a credit card. This demonstrates a huge market for OWVI's 1World Card.

In the United States there are millions of Hispanic workers. It has been estimated that 50% of these workers are unbanked but are regularly sending money home using traditional methods like Western Union and Moneygram.

In 2008, nearly $29 billion were sent from the U.S. to Mexico, Central & South America!

This gives OWVI a huge market as their 1World Card will be 90% cheaper than current methods of sending money in the market today!

OWVI is in final negotiations with a Mexican partner for the launch of its consumer card portfolio.

The Partner is located in Mexico City with strong market penetration in the populous regions of Mexico City and bordering provinces.

Under terms of the agreement, the company will provide 1World Card access to 54 locations across the United States to issue cards and facilitate remittances.

OWVI with their 1World Card program has already established relationships in Hong Kong, Indonesia, Mexico, Vietnam and the Philippines!

OWVI CEO Steve Prior commented, "The remittances of migrant workers have a significant role to play in supporting economic and social development. Sending money not only provides sustenance, but also provides opportunities for their families to better improve their lives."

OWVI is very focused on their expansion of new channels for sending and receiving money for the underbanked and underserved.

OWVI just recently introduced "1World Cash," its new money transfer service.

The new retail location will be in the heart of Hong Kong within the World Wide House Plaza.

World Wide House Plaza is home to 26 retail money transfer locations including two of the largest agent locations in the world!

OWVI CEO Stephen Prior commented, "We anticipate 1World Cash will become recognized as the simpler and safer way to send money. We have positioned ourselves well by obtaining space for 1World Cash at the busy World Wide House to accommodate the large influx of migrant workers that frequent this busy area. This is the first step in serving the 150 million migrant workers throughout the world."

OWVI has several other profitable subsidiaries including: Inter Solar Tech, Ltd., 1World Auction, Tutamen (HK), Ltd., and Vonsi Technology Inc.

Last year OWVI closed the acquisition of Inter Solar Tech Ltd.

Inter Solar Tech, Ltd. engages in the sale and distribution of renewable power generation products for solar, wind, and hybrid energy projects for both residential and commercial purposes.

Solar power and wind power are at the head of the alternative energy race. According to the Department of Energy, 20% of U.S. power could come from wind power by 2030!!

Just last month OWVI announced the introduction of solar products to the U.S. market!

OWVI has announced it will supply its branded self-contained solar systems to Preferred Home Services.

Preferred Home Services is a fast growing company with offices, salesmen, canvassers and installers in Ohio, Ind., Ky., and Colo. with expansion plans into Fla. and Nev. in the near future.

Steve Prior, OWVI CEO, is excited about the agreement as it represents the company's move into the U.S. Market.

With production in China, solar units being installed in Mexico and products in the European Union, this announcement represents another large step in OWVI's vision of becoming a leading provider of quality solar products to the world!

With the world-wide emphasis on renewable energy and the subsidies being offered by governments throughout the world, OWVI's Inter Solar Tech expects a strong growth curve in 2010.

OWVI CEO Stephen Prior commented, "Obama has pledged $150 billion in spending in renewable energy over the next 10 years and to make renewable tax credits permanent. It is becoming evident that Americans are more interested in taking advantage of renewable energy and we see this to be a great field to be in for the foreseeable future."

You can read about OWVI and its subsidiaries at: http://www.1worldventures.net  Always do your own research and consult with your own financial professional.

 

 


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