HomeFinancial MarketsPenny StocksWhy The VBHI Stock Recently Increased Nearly 42%?

Why The VBHI Stock Recently Increased Nearly 42%?

A surge of 41.75% occurred last session as Verde Bio Holdings, Inc. [OTCPink: VBHI] hit a price of $0.02835. There were 178.12M shares traded in Verde Bio stock against 67.64M on a 30-day average.

Get the hottest stocks to trade every day before the market opens 100% ‎free. Click here now. 

The VBHI stock value during the last 52-week period ranged from $0.0107 to $0.1155. VBHI stock surged following the purchase of revenue-producing mineral and royalties interests.


3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

Sponsored


Read More

VBHI has acquired what?

A growing U.S. Energy Company headquartered in Frisco, Texas, Verde Bio is engaged in the acquisition and management of mineral and royalty interests located within the key oil and gas play areas.

Tuesday, Verde Bio announced that it had closed the acquisition of revenue-producing mineral and royalty rights for $380,952 from a private seller.

  • The cash flow from production to which the acquisition is attributable is VBHI’s if it begins on or after March 1, 2021.
  • A total of approximately 1280 acres are being acquired by VBHI and are being operated by Vine Energy in Sabine and Red River parishes, Louisiana.
  • The Vine business unit is an industry-leading company with operations in the Haynesville Basin on more than 227,000 net effective acres, producing natural gas while still being a pure-play company.
  • In North Louisiana, Vine Energy produces approximately one billion cubic feet per day, mostly in DeSoto, Sabine, and Red River parishes.

    Get the hottest stocks to trade every day before the market opens 100% ‎free. Click here now. 

What VBHI will accomplish?

In order for Verde Bio (VBHI) to seek long-term growth, its dual-focused growth strategy relies mostly on leveraging management’s expertise to acquire strategic and opportunistic partnerships and interests, both of which contribute to its revenue production. In current projections, combined revenue from VBHI’s nine acquisitions is currently estimated at about $30,000. This would be about $360,000 on an annualized basis.

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Must Read

Related News

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

SPECIAL GIFT

WE HAVE A GIFT FOR YOU

Download Free eBook For

7 GROWTH STOCKS FOR 2021

100% free. stop anytime no spam