Aspiring OTA – online travel agency – OTCSTOCK - $PNOW has a subsidiary racking up market share in the little known game of numismatics. What is numismatics? Read on!
Symbol: PNOW
Company: Pure Hospitality Solutions Inc.
Quote: http://finance.yahoo.com/q?s=PNOW
Latest News: http://finance.yahoo.com/q/h?s=PNOW+Headlines
Company Website: http://www.purenow.solutions/
Various stocks with subsidiaries are taking off, Check out PNOW!
http://allbasescoveredstocks.blogspot.com/2017/02/otcmktspnow-subsidiary-meso-numismatics.html
$PNOW Subsidiary, Meso Numismatics, Proves Rare Coin Resale Is Net Revenue Rich, Returning Shareholder Value
The phrase "One man's junk is another man's treasure" is an idiom that embodies the idea of the eBay marketplace. After all, eBay (NASDAQ:EBAY) is commonly mislabeled as a marketplace comprised of refurbished items and junk in general. Despite this misconception, eBay has proven to be a valuable asset to businesses looking to build revenue. This is especially true when it comes to collectibles, such as numismatics. Misconceptions aside, since eBay's founding in 1995, it has quickly become the world's largest marketplace - an $8.3 Billion powerhouse comprised of hundreds of millions of regular people. When we examine the economics of reselling collectibles on eBay, more specifically, when buying currency at a discount, properly grading and reselling, a smart business model low in overhead and high in net revenue is revealed. EBay is the perfect fit for Meso Numismatics to auction their goods. Reaching over 93 million consumers per month in the United States, eBay provides Meso Numismatics the extra boost that takes auctions to the next level. This is what makes the subsidiary of (OTCMKTS: PNOW), (Meso Numismatics) a great growth opportunity for investors.
Numismatics, or the study of collections of paper currency, coins, and medals, has come a long way since the hobby became popular in the 1850s. The numismatics industry has grown into a $10 billion per year industry in the United State. It’s estimated that worldwide the industry produces $100 Billion annually. How is it that coins, medals and currency generate more value? The consensus is that the value of a currency grows as it becomes discontinued. A great example of this was when the larger cent pieces such as the silver dollar were discontinued. Currencies produced in limited quantities are valued higher than currencies that were mass produced. (OTCMKTS: PNOW) subsidiary, Meso Numismatics thoroughly analyzes each and every item they acquire and aims to sell some of the finest global inventory at the least-expense possible.
The focus of Meso Numismatics is clear; to acquire some of the rarest currencies, paper monies and coins available; particularly from Central America and the Latin countries of the Caribbean – which compliments the Company’s other asset, Oveedia (online travel agency); which also focuses on this region. Meso began with a contribution from Melvin Pereira of $50,000 from his own personal collection and revenues from sales began immediately. Meso Numismatics has also partnered with one of the largest collectors in Central America, which has afforded Meso access to just over $3 Million in an amazing numismatic inventory. The collector will begin supplying additional inventory to Meso, while the Company collects a percentage on all consigned sales.
IN RELATED NEWS:
IN RELATED NEWS:
(OTCMKTS: PNOW) subsidiary, Meso Numismatics recently announced they are preparing for the World Coins Show in Chicago on April 7th, 2017. Preparation includes a shipment of rare world currency collections to auction powerhouse, Heritage Auctions. "As for new acquisitions, let's just say we picked up some incredible numismatic inventory at relatively low cost; sure to yield incredibly handsome profits. "stated Melvin Pereira, President and CEO of Pure Hospitality Solutions, Inc. By utilizing the location and expertise of the Company's management and directors, Meso is able to acquire some of the finest global inventory at the least-expense possible.
When presented to the world’s largest auction audience, eBay, and auctioned in live auctions by mega auctioneer, Heritage Auctions, (OTCMKTS: PNOW) subsidiary, Meso Numismatics, is able to achieve bottom line growth not commonly seen with OTC Companies.
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