COLV Riding Wave Of New Utility Patent And Is Undervalued At Current Levels
Good Afternoon!
Coastal Integrated Services, Inc. (OTCPINK: COLV)
COLV is trading at a sweet spot at the moment – entry is around .0016 at the time of writing so I am talking about a very good sub penny opportunity.
Having recently confirming the receipt of a utility patent COLV has been attracting the attention of investors and the play looks poised to capitalize on the big development.
Barchart.com has upped its opinion on the play, too. Currently the investing portal has a “Buy” rating for COLV and the chart setup suggests that this opinion could get stronger in the near term.
Part of the reason there is a bullish outlook for COLV is that it has the setup to justify it. Take RSI for instance, the current level is 51 which based on my due diligence puts traders in a good position for near term returns. At 51 you can see that there is just about the right level of upward momentum carrying COLV without exposing traders to the play being overbought in the near term. In other words: COLV is ripe for entry.
Volume levels are where you’d expect them to be with a play like this; COLV is seeing over 2.2M shares change hands on average. That’s decent liquidity for multiple entries, no? I hope you think so in any case and I hope you make a decisive move on COLV.
Check out the chart…
Here’s a link to the chart: http://www.barchart.com/interactive_charts/stocks/COLV
About
COLV (Coastal Integrated Services, Inc.) (Simply Lids) is an award winning company whose specialty is disposable beverage lids in the food services industry. Simply Lids patented technologies provide a safer, more enjoyable drinking experience, without splashing or spills, and has the added benefit of unique marketing opportunities, never before realized in this industry sector.
COLV was founded in 2013 and is based in Las Vegas, Nevada.
Cups and Lids Market Will Be Worth $30.2B by 2019
Global demand for cups and lids is projected to increase 5.2% per year to $30.2B in 2019. Demand is determined primarily by the size of the quick service restaurant (QSR) market and the production of packaged processed foods.
As a result, the US has historically held a significant share of the global total. However, going forward, the Asia/Pacific region will offer one of the fastest rates of growth due to continued gains in developing markets such as China and India.
Central and South America and the Africa/Mideast region will also post above average growth, while a declining population will hold down gains in Eastern Europe. These and other trends are presented in World Cups & Lids, a new study from The Freedonia Group, Inc., a Cleveland-based industry research firm.
The foodservice market, especially the QSR segment, is growing rapidly worldwide, especially in developing countries. Historically, most developing nations have not been significant markets for disposable cups and lids. However, analyst Mike Richardson notes, “As Western-style fast food restaurants become more prevalent, use of disposables will also become more widespread.”
While QSR outlets continue to proliferate nearly everywhere in the world, demand for disposable cups and lids will not advance commensurately in all locations. While disposables are generally used in the vast majority of QSR establishments in the US, elsewhere in the world they have been typically reserved for takeout/takeaway patrons.
News Development
Coastal Integrated Services Inc. Receives Utility Patent
COLV recently announced that it has been granted a utility patent on their award winning lid.
Simply Lids was informed by the US patent office that their application for a utility patent on their award winning lid has been granted. This is the second of several patents to be granted on this amazing product. Application is also complete on world-wide patent rights.
John Newman, President of COLV, stated that "Not to sound like a broken record but we are continually getting validation in our efforts to produce the safest and most functional beverage lid in the food & drink industry. Having these patents granted furthers our validation of this unique product and gives us the opportunity to protect the interests of the company and shareholders for years to come."
To learn more about COLV please visit their website: http://www.coastalintegratedservices.com/
COLV is ready, make sure you are.
