Revolutionary Concepts, Inc. (OTCMKTS:REVO) Shoots Upward on Promise of Technology Sales
Revolutionary Concepts, Inc. (OTCMKTS:REVO) is in the spotlight again, with one more period of extremely high volumes that improve previous records. REVO added more than 48% to reach $0.021, on dollar volumes of $2.13 million. This is the biggest move for the ticker since the series of promotions in December, and it is supported by a series of PR updates, promises of newly patented products and revenue forecasts. 
Otherwise, the last promotional email landed on December 9th, and since then REVO has been on its own, trying to emerge out of the depressed positions. Investors’ forums greeted the renewed movement with amazing optimism. The real events that moved REVO sound truly positive- a 20% share buyback, followed by a proposal for a cash and stock dividend. 
Also, REVO is revving up its patent activity for its security systems, and the latest press release mentioned an unnamed firm that had purchased the rights to commercialize REVO‘s online patented wireless mobile security alarm services system. There is a huge promise of future revenues based on subscription and licensing fees, but we have to wait and see if those items materialize in the bottom line. Outright, REVO would receive $900K in initial fees.
As of the end of last year, despite the promises, REVO has significant deficits accumulated during the long development stage. The financial condition at the end of last year showed:
- $4,799 cash
- $244,030 total assets
- $3.4 million total current liabilities
- No revenues
- $13.69 million accumulated net loss
Now, REVO promises between $20 and $30 million annual revenues, which could improve the data significantly, if only they are realized.
What is strange around REVO is that the company has not mentioned outright that it would involve itself with the marijuana industry. Yet investors’ forums are already forecasting such a development, as many totally unrelated companies find ever more creative ways to suggest that their business will boom as they provide side services to marijuana sellers.
The sudden restyling as a pot stock took up many other tickers in the last day. Printing company Resource Ventures, Inc. (OTCMKTS:REVI) jumped significantly after announcing it would partner with Hemp, Inc. (OTCMKTS:HEMP) and print “Hemp Nation”, a cannabis-themed magazine. REVI also currently hovers around $0.04, seeking direction after a few days of sideways drifting.
As for Strategic Global Investments, Inc. (OTCMKTS:STBV), there was no obstacle in moving from real estate to purchasing a marijuana company, at least on paper. Of course, the company only said it is negotiating for such a deal, but it was enough to temporarily lift the ticker from $0.003 to $0.011, only to have it crash later.
It is best to be aware that irrational movements may be due to random stocks styling themselves as marijuana companies. Avoid investing if you see the link to the cannabis sector looks merely hypothetical.
