With the Posting of Updated Quarterly and Annual Financial Reports and Disclosure Statements, OLVI Stock Quotes Are Now Displayed on otcmarkets.com
SANTA MONICA, CA, March 14, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Oliveda International, Inc. (OTC Pink: OLVI), a leading international natural cosmetics and wearable beauty and health technology innovator, has been upgraded to “Pink Current Information” status and OLVI stock quotes are now displayed on the OTC Markets Group website. Oliveda International recently posted revised financial reports and disclosure statements, which brought the company current in its financial reporting and allowed for the upgrade to Current Information. The updated disclosure can be found on the OTC Markets website at https://www.otcmarkets.com/stock/OLVI/disclosure.
“Transparency and current information are high priorities for Oliveda International, and we are pleased to now have our updated financial reports and disclosure statements available to stockholders,” said Chairman and CEO Thomas Lommel. “In addition to the planned filing of our 2018 annual report in the coming weeks, we look forward to updating investors about exciting new developments and plans for Oliveda products and services in 2019 and beyond.”
Oliveda International, Inc.
Founded in 2003 by German real estate investor Thomas Lommel, Oliveda International, Inc. is a leading international natural cosmetic company in the premium segment. The company has also developed a globally-unique wearable beauty and health technology. In addition to online sales and a global branch network of 650 retail stores, the company’s wholly owned Oliveda Deutschland GmbH subsidiary operates flagship stores, Olive Tree Pharmacy, in Berlin and Dusseldorf with plans to open new locations in Los Angeles, Taipei and Seoul. Overall, the company believes that it will be able to operate a total of 60 of its own flagship stores worldwide and increase the retail store network worldwide to 1,200 over the next five years. Through subsidiary operations, Oliveda International is the largest investor in eco-certified mountain olive trees as well as the largest conservationist in Arroyomolinos de Leó, Spain. Further information on Oliveda International can be found at http://www.oliveda.com and http://www.olivetreepeople.com.
Forward-Looking Statements
This press release may contain statements, estimates or projections that constitute "forward-looking statements" pursuant to the safe harbor provisions of the U.S. federal securities laws. Generally, the words "believe," "expect," "intend," "estimate," "anticipate," "project," "will" and similar expressions identify forward-looking statements, which generally are not historical in nature. Forward-looking statements are subject to certain risks and uncertainties, which may be found in the Company’s filings with OTC Markets Group Inc., that could cause actual results to differ materially from the Company's historical experience and present expectations or projections. Investors should not place undue reliance on forward-looking statements, which speak only as of the date they are made. The Company expressly disclaims any obligation or intention to publicly update or revise any forward-looking statements unless otherwise required by law.