Sunday, June 22, 2014

5 Best Oil Service Stocks To Watch Right Now

5 Best Oil S ervice Stocks To Watch Right Now: OSL Holdings Inc (OSL! H)

OSL Holdings Inc., formerly Red Rock Pictures, Inc., incorporated on November 22, 2004, is an integrated marketer and distributor of Products for the Office. The Company operates in the competitive office supply market as a virtual distributor, leveraging the existing logistical capabilities of its suppliers who provide for inventory logistics, distribution and delivery. OSL focuses on the development and or acquisition of technology, sales, marketing and customer service. On October 10, 2011, the Company acquired Office Supply Line, Inc.

OSL offers 65,000 items from 1,000 manufacturers. It provides technology products, traditional office products, office furniture, janitorial and break-room supplies and industrial products. By partnering with the wholesaler, it delivers any of these products from one of their strategically located 45 distribution centers providing same or next day delivery to more than 90% of the United States. It has a range of catalogs, whi ch represents more than 27,000 different items.

Advisors' Opinion:
  • [By Peter Graham]

    Earlier in the month, Petrotech Oil & Gas's LegalizePot.us announced that along with with their already expanded cannabis and hemp production and distribution channels in the states of Washington and Colorado, it was continuing to expand their business model into Rhode Island with a 2500 square foot grow facility up to 50 plants, and 50 to 70 lbs. a month management agreement. Otherwise, investors should be aware that Petrotech Oil & Gas only announced its expansion into medical and recently legalized recreational marijuana back in mid-February plus the company also announced in late February that it would begin oil production soon. A quick look at Petrotech Oil & Gas's financials reveals revenues of $5k (most recen! t reported quarter), zero, zero and zero for the past four reported quarters along with net losses of $667k (most recent reported quarter), $49k, $73k and $653k. At the end of last September, Petrotech Oil & Gas had no cash to cove r $1,584k in current liabilities. Given those financials and the recent entry into marijuana, investors might want to contain their excitement and wait for some new financials to reflect the sudden change in direction.

    OSL Holdings Inc (OTCMKTS: OSLH) Joins the Marijuana Party

    Small cap OSL Holdings Inc develops or acquires business units with the purpose of collecting and transmitting real-time consumer and business sales data to facilitate the sale of data, manage electronic marketplaces, operate real-time loyalty rewards and transact with buyers in multiple channels. On Friday, OSL Holdings Inc sank 20.47% to $0.190 for a market cap of $36.38 million plus OSLH is down 5% over the past year and up 1,017.6% over the past five years according to Google Finance.

  • source from Top Stocks For 2015:http://www.topstocksblog.com/5-best-oil-service-stocks-to-watch-right-now-2.html

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