LGYV Is Taking A Unique Approach To Packaged Water And Offers Solid Growth Potential
Good Afternoon!
Legacy Ventures International Inc. (OTCQB: LGYV)
Tap water is out and packaged water is in; investors all know by now that a new paradigm has been ushered in. But what about water in a box? Well my latest alert is a company that is looking to reshape the packaged water industry once again and deliver an even more eco-friendly packaging for water and other beverages.
Since entering space LGYV has made some good progress too. The company has established solid distribution and is supplying Canadian retail giant Sobeys with its boxed water.
Long term LGYV’s growth potential is strong and in the near term, well, let’s just say that this a solid near term bounce play. It’s one I think you should jump all over and here’s why…
First of all, LGYV has very good positioning which means essentially that entry is dirt cheap. At .04 currently, LGYV offers an amazing opportunity for gains without the big price tag that usually comes with companies listed on the OTC QB. Yes, you read that right; LGYV is a premium opportunity that is open for a limited time at rock bottom access.
Volatility levels for LGYV are rising and this I think is a huge catalyst. Also on the list of reason to make a move now is a RSI of 36. LBYV has also added +3029% to lower valuations so any talk of the stock not hating its current position is just that, talk.
Anyway, LGYV is a cool entry and an almost limitless pool of potential profits so give it a go.
Here’s a link to the chart: http://www.barchart.com/interactive_charts/stocks/LGYV
About
LGYV Legacy Ventures operates through its wholly owned subsidiary RM Fresh Brands, Inc., servicing food and beverage retailers and distributors who are looking for innovative, trend-setting products Canada.
LGYV was founded in 2014 and is based in Las Vegas, Nevada.
US Consumers Are Driving The Packaged Water Market – 233 Billion Liters Consumed In 2015
While major soft drink companies continue to battle declining carbonated soft drink sales, another segment continues to grow volume sales, and is now expected to overtake CSDs as the most consumed beverage worldwide this year. This beverage is none other than packaged water. According to the Canadean, consumption of packaged water will reach 233 billion liters in 2015, more than the intake of CSDs, which is estimated to be around 227 billion liters.
While growth in the bottled water category is expected to continue outpacing growth in the CSD category in the next few years, most of this growth will come from emerging markets such as China, India, and Mexico–where clean tap water is not as easily available. In contrast, developed markets might not contribute much to the global bottled water growth. Packaged water in Germany, Italy, France, and Spain is forecast to grow at a CAGR of merely 1% between 2015-2020. However, an exception to this is the U.S., which remains the fastest growing bottled water market outside Asia, mainly as customers have grown more health conscious and look to trade-in their sugary soft drinks with healthier and more natural drinks–which bodes well for water.
News Development
Legacy Ventures Appoints Dennis Hancock To The Board Of Directors
LGYV recently announced that Dennis Hancock has joined the board of directors. Mr. Hancock is a senior sales and marketing executive with over 20 years of experience spanning automotive, tech, teleco, retail and financial services sectors. Dennis spent more than 12 years in a leadership role at one of North America's leading performance improvement and Loyalty providers, Maritz, who works with 70% of the world's Super 50 companies.
"Mr. Hancock brings tremendous experience helping businesses build authentic brand connections with their customers, focused on converting consumer engagement into increased profits and market share. Dennis has proven leadership experience in both the public and private sector and his past and present experiences leading companies and building brands speaks for itself," states Mr. Evan Clifford, CEO of Legacy Ventures. "We are very excited that he has joined the Legacy team at this stage of significant potential growth."
Legacy Ventures Provides Corporate Update
This one was earlier but I was taken by what the company CEO Evan Clifford had to say: "I am very encouraged by the focus of our team at RM Fresh Brands over the past few months, and I believe the company is on the right path to see significant growth this year in various areas of the business."
To learn more about LGYV please visit their website: http://legacyventuresinc.com/
LGYV is ready for you; make sure you are ready for it.
