FAVO Capital Inc (PK) (FAVO) News

More updates from $FAVO. A new Chief Strategy Officer has been named. Take a look at the press, yet again another great update. Patience will certainly pay off for everyone holding onto favo capital shares. Load and hold, it's all coming together. https://finance.yahoo.com/news/favo-capital-inc-welcomes-glen-142000952.html

This needs a spark. All the news had been great as of late, everyone sees the upside here. Just some bid support can trigger some trading today and it can move with ease. Let's see what happens before lunch, it would be great to see a few thousand shares today to kick off the week. Load up!

More good news posted this morning by the company. They closed 2023 strong and have opened up 2024 in a BIG way with their past news releases. Add today's news about a second call center as well, they are ramping up and that means revenues should be steady and solid this year. They are building it up the right way, this stock can move well with the proper bid support. Up 42% as we speak, load up and hold.

$FAVO - It's trading nearly 2x over its 10-day average volume as lunchtime looms closer...on today's News

FAVO Capital, Inc. Opens A Second Call Centre Location in Dominican Republic and Continues to Implement its Growth Strategy
https://finance.yahoo.com/news/favo-capital-inc-opens-second-131500325.html

$FAVO News January 25, 2024

FAVO Capital, Inc. Opens A Second Call Centre Location in Dominican Republic and Continues to Implement its Growth Strategy
https://finance.yahoo.com/news/favo-capital-inc-opens-second-131500325.html

well done

This is good news, they are ramping up and making every effort to bring in strong revenues for the company and to show value to the shareholders. Once this spread tightens up, this can move well into the low $.40's IMO.

$FAVO - Favo Capital's acquisition of Believe Call Center, based in the Dominican Republic, marks a strategic move to bolster customer engagement and support services.
https://finance.yahoo.com/news/favo-capital-expands-global-footprint-133000949.html

Indeed, definitely huge potential...

Vincent Napolitano, CEO stated, "These strategic acquisitions bring a positive outlook for 2024 and beyond and solidify our commitment to the growth of the company."

The acquisition, structured as a comprehensive cash, stock, and profit share buyout is accretive day one and reflects FAVO Capital's commitment to fostering innovation, expanding its service offerings, and strengthening its global presence. The deal positions FAVO Capital as a formidable force with a robust team of over seventy professionals in New York, Florida and Dominican Republic all dedicated to providing exceptional financial solutions and unparalleled customer service. https://finance.yahoo.com/news/favo-capital-expands-global-footprint-133000949.html

Great news out today, 3 acquisitions by FAVO. That should definitely start producing significant revenues in the near future. It's just a matter of time until this gets into the $.40's.

$FAVO News January 03, 2024

Favo Capital Expands Global Footprint With Three Strategic Acquisitions
https://finance.yahoo.com/news/favo-capital-expands-global-footprint-133000949.html

Great day for $FAVO. You can see the buzz around this now and the audience is growing. High of day today was $.3675 with over 21k shares traded.

Stupid cheap down here. More news out yesterday too. Share structure hasn’t changed

Well I grabbed a bunch and will hold. It’s gonna break $1 some point soon. IMO

It's crazy.

Meanwhile they put out a nice detailed document on their merger.

https://www.otcmarkets.com/otcapi/company/financial-report/373884/content

Amazing isn't it? So hard for these OTCs to move since Jan 2022.

Guess I was wrong. Lol. 435k in the float and can’t get over $1

Boggles my mind. A primo setup with a nice revenue generating company coming in

Looking good.

Agreed. I think the "news" has yet to be digested with most individuals. The weekend will provide some down time for people to be brought up to speed. Next week should be interesting. I like our chances.

You're probably right. Over the weekend many will probably find it and have orders in next week.

You would think… will see on Monday and Tuesday… finger crossed

I agree. It just makes me wonder why the bidding isn't there. You would think it would be much tighter and more stacked.

Dude, this is the best setup I have seen in months…

So insane. I should probably bite the bullet and jump in but I'm afraid once I buy nobody else buys haha.

Geez crazy spread too .61x.85.

Remember we are talking 400,000 shares. That’s it!

Wow so incredibly thin both ways. This could shoot up like a rocket or drop like a rock at any moment.

It’s gonna be a monster. Easy money here

Looking nice

Pepping up!

Pepping up!

It has it all for a monster runner

Took some here. Are we finally going to have an epic OTC runner? This has all the ingredients...

Not sure on target. We are talking 400k floating…. That’s minuscule

Yeah seems like a no brainer .. what’s your target

This FAVO deal though…

Key Highlights from The FAVO Group of Companies:

Exponential year on year revenue growth since entering the alternative finance business in Q4 of 2020.
Revenues 2020 - $122,000
Revenues 2021 - $10.6 million
Revenues 2022 - $17.5 million
Participated in over 12,300 business fundings across multiple states and industries.
Participated in the Syndication of approximately $840 million worth of capital to small and medium size businesses across the United States, which equates to a total Right to Receive (RTR) of over $1.1 billion of which the company represents 10% of the portfolio.

Agreed ….

It’s a primo setup here…

Grabbed 1 k shares gltu

Really nice setup/merger here. 400k floating at $.40!

FAVO Capital, Inc. has Acquired the FAVO Group of Companies; The Transaction is Valued at $37 Million Dollars Which Includes Cash, Stock & Assumption of Debt; The Company has Partnered with Stewards Investment Capital Limited to Expand Its Global Footprint

https://www.otcmarkets.com/stock/FAVO/news/FAVO-Capital-Inc-has-Acquired-the-FAVO-Group-of-Companies-The-Transaction-is-Valued-at-37-Million-Dollars-Which-Includes?id=403050

Nice merger

FAVO Now Pink Current
https://www.otcmarkets.com/stock/FAVO/disclosure

Getting current, tiny float, lots of cash flowing:

https://backend.otcmarkets.com/otcapi/company/financial-report/281910/content

https://www.otcmarkets.com/stock/FAVO/news/FAVO-Capital-is-Pleased-to-Announce-the-Completion-of-OTC-Market-Filings-and-Obtaining-Pink-Current-Information-and-Comp?id=300657

nice, thanks~

Filings posted on OTCMARKETS

up 109%, coming back to life?

Out of it for quite a while...ty...