OLB Group Inc (OLB) Quote

OLB new 52 lo

Chuckle… https://ih.advfn.com/markets/nasdaq/premarket

Special board meeting convenes April 26, a Friday
I investigated the latest 10K filing
This company spends more money than it takes in
The chart shows us in my view it got lucky as did a glut of third tier NASDAQ companies benefitting mostly from all that Covid money doled out to inexperienced retail participants

The critics characterize these very small businesses as zombie companies

OLB: Neither could I, Dude!! (And, as you've surely noticed, NONE of the so-called iHub PUNDITS --- who merely love to be the very FIRST to simply post a stock's CALL LETTERS if it is suddenly way UP in price --- ever ANSWER such a question!!)

Anyone know why OLB is +60% in AH trading today at the end of the week? I can't find anything to justify or explain it.

Dumb

Today, over 300 new 52 week lows
This happens when even the quality issues get sold down
Most of the new lows, like 75%, are in the NASDAQ third tier, which is mostly high risk to the point of being junk, the sole purpose of which is insider enrichment
Not all high spec companies seek to sell a solution to a problem
Some seek to solve a problem that doesn’t exist

Yep. And to think this was trading above $10 just a few short years ago. The fins were not great, but they apparently revealed that there is litigation now over a merchant portfolio OLB bought where the seller arguably engaged in fraud in connection with the sale. The DMint spinoff has supposedly been in the works for over a year now, but the S-1 was filed lasrt Fall, and it whould be getting close to being spun off. However, due to timing looks like they will have to do a RS to keep the NASDAQ listing soon. Not a pretty picture

OLB new 52 lo

New article out on OLB's Spinoff of DMint:

https://www.benzinga.com/content/37933899/olb-group-nasdaq-olb-preparing-for-strategic-spinoff-of-dmint-subsidiary-to-olb-shareholders

OLB re-launches new cellular services:

https://finance.yahoo.com/news/olb-group-announces-market-relaunch-131500718.html

Thanks,I appreciate the heads up

Excellent Alpha Wolf Trading piece and interview with top OLB executives. Very positive. And, this is not a compensated piece.

Down Down and Down ...

Agree. Here is another report I found:
OLB Group Management Purchase Over 1.1 Million Shares in Open Market

OLB Group CEO, Ronny Yakov bought 784,212 shares at an average price of $0.77
Vice President Patrick Smith purchased 393,106 shares at an average price of $0.77

The SEC Form 4 filings area accessible here: https://investors.olb.com/public-fillings/

If he is that confident,so am i ,buys in low .80s now

Not defending anyone. Just trying to be factual, which you are not. Do some DD. Or why not just admit you put out false information here.

Three years shares keeping falling . lol. Ha why are you so defending this pos and ceo ?

Ronny Yakov Bought 17% More Shares In OLB Group

According to this article, insiders now own 48% of OLB Group.
Insider Ownership

For a common shareholder, it is worth checking how many shares are held by company insiders. We usually like to see fairly high levels of insider ownership. OLB Group insiders own about US$6.0m worth of shares (which is 48% of the company). I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.
https://finance.yahoo.com/news/ronny-yakov-bought-17-more-185702889.html?.tsrc=rss

My question was whether you still stand by your statement that Mr. Yakof, the CEO of OLB Group, is Ukranian, and where you came up with that information? You did not answer the question.

P.S. I suggest you conduct some Due Diligence on the company and its CEO before spewing such fiction

Of course I don’t know him as a person . As a shareholder we all must know who is he and his attributes etc. enuf said !

I think OLB came up from otc 2 years ago,that’s why it’s past looks so bad,but for the last year it hasn’t continuously shit on shareholder’s (it was 1.20 a year ago) I looked up the history of ceo and vp built a company up from 20m to over 400M before coming to OLB, I don’t care about CEO’s nationality,it’s irrelevant,matter of fact I don’t care if they sell dog poop to dung beetles to roll into balls and sell to the Ukrainian Olympic ping pong team to use,chart is a GOLDEN CROSS+macd and momentum indicators crossed up over the bullish signal line for the first time in over a year,these events do not occur to garbage scam companies,I am not saying it can’t go down if a bad event happens but it’s highly unlikely right now,but trust no one with your money and watch the candles on the chart

It’s getting attention,build it they will come!!(that last part was for you zorro,when shoeless joe Jackson is playing in the stadium,it will be full

OLB Group And 2 Other Stocks Under $1 Insiders Are Buying (Wall Street Waves)

https://wallstreetwaves.com/olb-group-and-2-other-stocks-under-1-insiders-are-buying/

You indicate that the CEO is Ukranian? Where are you coming up with this? Are you prepared to double down on that assertion, knowing full well that if that is not true, it has credibility implications for you here on the Board?

Roflmao,good one Z

Need to fill the stadium.

Nhod home run out the park!! Grand slam after hrs ??? News would be gap up World Series champion!!

Nhod at batt on ask,swing batter batter swing

Take a look at the 3 and 5-year charts here for OLB, and how many times it has traded above $10 and $15. The drops down under $3 and then ultimately $1 have been hard to explain for the past couple of years, other than the fact that OLB's initial foray into bitcoin mining could not have ended up having worse timing, just prior to the steady and prolonged drop in the price of Bitcoin. However, over that time frame Bitcoin mining was such a very small portion of OLB's overall business and revenue, i.e. well below 8-10%

Ronny Yakov is an Ukrainian sleezy CEO ...

GOLDEN CROSS now babe(sma50 over the sma 200,it’s never done this before)considered by analysts as greatest bullish indicator,and macd flipped now to fill bullish buy signal,lots of run room to upper bolie (daily is 1.04,above that starts parabolic run)

Hoping to see that;)

There also hasn't been any formal PR or announcement about Black Wireless and Mango Mobile, which is strange as they each appear to be up and running now.
OLB appears to have some new subsidiaries, Black Wireless and Mango Mobile, each of which states it is a "OLB Group Company":

https://www.blackwireless.com/

https://mango.goredpocket.com/

No news in two months,they only skipped a month 2 times in many years,but did 5 prs before the none month,they wanted this under the radar until inside buys went thru,omg,I can only imagine the barrage of PRs coming now loaded with 5.4M shares,nothing like skin in the game for shareholders/investors confidence

Agree. OLB's CEO has been talking about the Spinoff in investor presentations at conferences and in the quarterly report conference calls/webcasts for well over a year now. Nive to see they are actually taking formal steps to effectuate it.

Done correctly with legal can take months to years from dreaming it up,I do have hopes and it will create fomo and confidence like the inside buying to promote longs,definitely another positive to reinforce the low risk high reward I see already

You mean when the spinoff happens. Just the announcement of the share ownership date to participate and specifics could cause a dramatic rise in the share price here.
OLB Group Retains Maxim Group to Facilitate Spinoff of its DMint Cryptocurrency Mining Subsidiary

http://www.accesswire.com/788159/olb-group-retains-maxim-group-to-facilitate-spinoff-of-its-dmint-cryptocurrency-mining-subsidiary

If that spinoff ever happens omg instant 500% 🏃

81vette: Remember here that OLB is spinning off the DeMint Bitcoin Mining operation as a new separate entity, and shareholders are expected to get 1 share of the spinoff and keep their shares in OLB, which is actually a rapidly growing FinTech company and payment processor, with the DeMint Bitcoin mining wholly owned subsidiary.

No big pumpers with followers yet,they should be finding this soon,it’s #1 on my scanner,vol surge should be coming before 2 pm and another in power hour,I see this running nhod’s into close and maybe after mkt with gap up tomorrow if blackrock mms darkpool doesn’t jump on it like they do everything else,dang crooks steal everything from shareholders and the sec is in bed with them,trading used to be so easy a few years ago,charts were all that mattered and now we have learned to expect bank robbers hitting us over the head!!

OLB,Friday,ceo bought $600k,vp $302k,bit miner,no debt,30m assets,31m sales,ZERO BORROW,not optionable,sales up 55% Q/Q,seriously undervalued @..86 with book value @ 1.96,thru blue sky sma200 resistance @.78(formed as support now),parabolic 90% possible and death hour is over with no drop in pps,vol surge could be any min

Vice President also bought a significant new block of shares:
Olb Group Insider Bought Shares Worth $300,000, According to a Recent SEC Filing
12:00 PM ET, 01/19/2024 - MT Newswires
12:00 PM EST, 01/19/2024 (MT Newswires) -- Patrick G Smith, Vice President, on January 16, 2024, executed a purchase for 392,106 shares in Olb Group (OLB) for $300,000. Following the Form 4 filing with the SEC, Smith has control over a total of 642,929 shares of the company, with 642,929 shares held directly.

SEC Filing:

https://www.sec.gov/Archives/edgar/data/1314196/000121390024004715/xslF345X03/ownership.xml

Heavy Insider buying in OLB shares, including the Chairman and CEO.
Olb Group Insider Bought Shares Worth $600,001, According to a Recent SEC Filing
2:06 PM ET, 01/19/2024 - MT Newswires
02:06 PM EST, 01/19/2024 (MT Newswires) -- Ronny Yakov, 10% Owner, Director, Chairman and CEO, on January 16, 2024, executed a purchase for 784,212 shares in Olb Group (OLB) for $600,001. Following the Form 4 filing with the SEC, Yakov has control over a total of 5,409,701 shares of the company, with 5,409,701 shares held directly.

SEC Filing:

https://www.sec.gov/Archives/edgar/data/1314196/000121390024004781/xslF345X03/ownership.xml

OLB appears to have some new subsidiaries, Black wireless and Mango Mobile, each of which states it is a "OLB Group Company":

https://www.blackwireless.com/

https://mango.goredpocket.com/

https://www.otcmarkets.com/stock/OLB

A great day for OLB, as when most of the miners and big names like MARA RIOT GREE BITF SDIG are down, this alone is in green and has crossed the much-awaited $1 mark. January is about to come, and Bitcoin halving plus D mint spin-off is about to happen, which will send this to the $2 mark in the upcoming months. Mark my words.

Should pop once they announce the timing and details of the DeMint spinoff.

Slow and steady climb back.

Should be trading at $5–7 fair value based on assets, no debt, and spin-off dividends to shareholders.

It is going to take time to regain investor confidence, but this steady climb back to $1 is a start.

Low float and volume could pop fast.