Hey there Trader Nation!
We typically don’t do back to back alerts, but we just couldn’t resist with this potential firecracker!
OWOO – One World Holdings, Inc.
OWOO is a Houston based company that recently released a line of mainstream multicultural dolls aimed at high-end collectors and young pre-teen girls.
Their operations are conducted through their wholly owned subsidiary, The One World Doll Project, Inc., a Texas Corporation.
In September, OWOO announced that it had entered into an $800,000 private equity partnership with Blackbridge Capital, a New York hedge fund, and a group of private equity investors that will focus on debt reduction and balance sheet enhancement.
Here’s a quote from OWOO’s CEO on the private equity partnership:
"Over the past 18 months, the company has taken on several large convertible notes that have had the unfortunate effect of creating derivative liabilities on our balance sheet and downward pressure on our stock price as a result of simultaneous conversions of those notes into stock at a substantial discount to market," stated Joanne Melton, CEO of One World Holdings. "By the end of the 3rd quarter we will have consolidated and eliminated several of our most expensive institutional and private convertible notes totaling over $415,000. The purpose of this initiative is to phase out at least 50% of the total company debt by the end of 2014," she added.
What does all of this mean?
It means OWOO appears to have many favorable circumstances which could lead to a potentially gratifying day!
Now here’s a little more in depth coverage of OWOO’s operations:
Business Summary
Established in 2010 by Trent T. Daniel and Stacey McBride-Irby, The One World Doll Project endeavors to make a significant positive cultural impact through the doll category. The company's beautiful dolls are unique works of art, created for a growing market yearning for something unique to experience -- a doll that both embraces contemporary girls of many races and symbolizes the women they can become.
The One World Doll Project has created The Prettie Girls!™ dolls, an exciting line of multi-cultural fashion dolls, years in development, recently launched in the marketplace. The Prettie Girls!™ are unique in their look, their backgrounds and their stories, capturing the essence of values and positive attributes that every little girl can embrace. Styled for play, yet filled with soul, The Prettie Girls!™ set new, higher, values-based standards for "pretty" -- positive goals that reach across the globe and up for the stars!
For young girls, The One World Doll Project creates a doll that is a friend, a partner in play, and a glimpse of their biggest, brightest dreams. For young women, it is a symbol of who they are, how much they can achieve, and a keepsake of the best times of their lives. For connoisseurs, The One World Doll Project promises stylish works of art that will become a vital part of a valuable growing collectors' market. More information about One World Holdings, Inc., Stacey McBride-Irby, Trent T. Daniel and The One World Doll Project can be found at www.oneworlddolls.com.
Market Outlook
The Online Antiques and Collectibles Sales industry has fared well over the past five years, largely due to the growing ubiquity of the internet and online shopping. Antiques' discretionary nature indicates the industry is highly sensitive to changes in disposable income. Typically, demand for discretionary products sharply declines when income and consumer confidence falls. Nevertheless, the industry has benefited from the wider trends of e-commerce growth, with consumers increasingly turning to online retailers to purchase antiques and collectibles. As a result, although revenue declined in 2009 due to the recession, industry operators have exhibited strong growth over the past five years. IBISWorld expects industry revenue to increase at a significant average annual rate in the five years to 2014, including a jump in 2014.
The growth of this relatively new industry has coincided with the increasing prevalence of internet access, particularly broadband. Additionally, according to IBISWorld Industry Analyst David Yang, “smartphones and other mobile technology have made it easier for consumers to purchase products on the go, further stimulating demand for online retailers in this industry.” Online retailers also owe much of their success to the development of eBay's PayPal and other secure payment methods, which add a practical component to the "shop anytime, anywhere" spirit of the online marketplace. Rising demand has also bolstered industry profitability in recent years. In 2014, “profit is anticipated to total a significant proportion of revenue, which is considerably higher than the overall retail sector,” says Yang. Compared with brick-and-mortar stores, industry operators benefit from low overhead costs because firms serve as middlemen for product owners in exchange for a set percentage or fee of the sale price.
The Online Antiques and Collectibles Sales industry has a medium-to-high level of market share concentration. In the coming years, the Online Antiques and Collectibles Sales industry will attract a larger customer market as more households buy industry products electronically and consumers have more income to spend on luxuries. Positive income and consumer confidence growth will drive demand for discretionary products. Rising consumer confidence will particularly benefit the industry's long-term growth because it makes consumers more willing to splurge on discretionary antiques and collectibles. However, revenue growth will also slow as the e-commerce sector matures. Therefore, IBISWorld projects that in the five years to 2019, revenue will increase at an average annual rate.
Read more: http://www.benzinga.com/pressreleases/14/04/p4468492/online-antiques-collectibles-sales-in-the-us-industry-market-research-r#ixzz3IgzLJUzu
Investor Highlights
The outlook promises to be better for toy and game manufacturers. As disposable income rises, consumers will be more willing to purchase toys at the retail level, which in turn will drive up demand for manufacturers.
OWOO announced that it had entered into an $800,000 private equity partnership with Blackbridge Capital, a New York hedge fund, and a group of private equity investors that will focus on debt reduction and balance sheet enhancement.
OWOO appears to have very favorable circumstances for a potentially gratifying day.
There you have it traders! Now it’s time for you to do your own research and see the potential for yourself!
