RSII (Rising India)
A low share structure stock that has been under major bottom accumulation, monitoring the stock several cross trades at .0011 but yet to close below that .0012 52 week low master support. Looking at the July 30, 2014 updated news the company is in the process of acquisition of Quick Serve PIZZA FRANCHISE 5 stores with revenues and assets.
Business Description
Rising India, Inc., ("RSII"), is a publically traded United States company that develops Independent Living, Assisted Living and Memory Center Communities. Rising India's management are specialists in acquiring raw land having it entitled for the appropriate use and then build the proposed project.
Recent News
07/30/14 - Rising India, Inc. (OTC: RSII), announces today it will immediately begin work toward the acquisition of up to 5 profitable stores in the popular Quick Serve Pizza Restaurant segment. Current targets are currently earning about $450,000 in revenues per year, per store. Acquisition of targets would provide immediate cash flow identified from profitable longstanding, absentee OWNER OPERATIONS with proven model success.
Savvy 'Shark Tank' investor Mark Cuban bought into natural-pizza startup Naked Pizza in 2010. (Major Trend)
Share Structure
Catalyst: The company will be launching its new website to reflect the new BUSINESS model. The website will be geared toward accessibility and transparency for shareholders.
http://www.otcmarkets.com/ stock/RSII/news/Rising-India- Inc-Announces-Dynamic-Shift- in-Corporate-Initiatives- Toward-Long-Term-Growth- Shareholder-Value?id=85003&b=y
Business Description
Rising India, Inc., ("RSII"), is a publically traded United States company that develops Independent Living, Assisted Living and Memory Center Communities. Rising India's management are specialists in acquiring raw land having it entitled for the appropriate use and then build the proposed project.
Recent News
07/30/14 - Rising India, Inc. (OTC: RSII), announces today it will immediately begin work toward the acquisition of up to 5 profitable stores in the popular Quick Serve Pizza Restaurant segment. Current targets are currently earning about $450,000 in revenues per year, per store. Acquisition of targets would provide immediate cash flow identified from profitable longstanding, absentee OWNER OPERATIONS with proven model success.
Savvy 'Shark Tank' investor Mark Cuban bought into natural-pizza startup Naked Pizza in 2010. (Major Trend)
Share Structure
MARKET Value1 | $660,788 | a/o Aug 22, 2014 |
Shares Outstanding | 471,991,348 | a/o Mar 31, 2014 |
Float | 65,496,690 | a/o Mar 31, 2014 |
Authorized Shares | 500,000,000 | a/o Mar 31, 2014 |
Par Value | 0.001 |
Catalyst: The company will be launching its new website to reflect the new BUSINESS model. The website will be geared toward accessibility and transparency for shareholders.
http://www.otcmarkets.com/
Key Points
-At 52 week lows
-low share structure
-Recent 5 store acquisitions
-pending website launch
-Wedge pattern
Pivot .0018
Potential .0068-.025
Hold Medium to Long term Hold