Skip to main content

Oliveda International, Inc. (OLVI) Projects LA Dope and Olive Tree People Subsidiaries With $17.7 Million Combined Sales Potential Over Next 3 Years

Written by Customer Service on . Posted in Public Companies.

SANTA MONICA, CA, May 07, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Oliveda International, Inc. (OTC Pink: OLVI), a leading international natural cosmetics and wearable beauty and health technology innovator, today announced that the company believes that the future in the beauty industry lies in sustainability and clean beauty and the potential of our green beauty LA Dope Inc. and green tech company Olive Tree People over the next 3 years have sales potential of at least $9.8 million and $7.9 million, respectively, which combined has a sales potential of more than $17.7 million.
Above all, with the new and unique developments of LA Dope Inc. and the CBD Beauty Elixir, Oliveda International is expecting disproportionate growth because LA Dope first combines CBD with hyaluronic acid and hydroxytyrosol, which protects the cells perfectly against oxidative stress.  But also, the worldwide unique technology of the Olive Tree People with their developments negatively charged ions in the air or in water are informed with the 7,000 year old olive tree science, which connects and balances people with their nature or also, the world’s first bioactive bracelet that connects us 24/7 in real time with the power and information of our eco-certified mountain olive trees.In total, 7 green tech products will be available in the next 3 years that are unique worldwide, ranging from beauty devices to olive earpads.  The potential of these technologies, especially of the world novelty CBD Beauty Elixirs, will encounter disproportionate growth, especially in the USA, because it hits the nerve of our time.  Oliveda International has therefore decided to acquire direct shares in LA Dope and the Olive Tree People and has therefore made an offer to the Oliveda Group Inc., as a 100% wholly-owner of the LA Dope and Olive Tree People, saying that Oliveda International will give back 70% of the shares of Oliveda Group Inc. in exchange for 100% of the shares of LA Dope and Olive Tree People technologies.  The offer was adopted by the Oliveda Group Inc. unanimously on April 1, 2020.  The Oliveda Group, to which Oliveda Deutschland GmbH belongs, is 30% owned by Oliveda International and 70% by Oliveda founder Thomas Lommel.About Oliveda International Inc. Founded in 2003 by German real estate investor Thomas Lommel, Oliveda International, Inc. is a leading international natural cosmetic company in the premium segment.  The company has also developed a globally unique wearable beauty and health technology.  In addition to online sales and a global branch network of 650 retail stores, the company’s wholly owned Oliveda Deutschland GmbH subsidiary operates flagship stores, Olive Tree Pharmacy, in Berlin and Dusseldorf with plans to open new locations in Los Angeles, Taipei and Seoul.  Overall, the company believes that it will be able to operate a total of 60 of its own flagship stores worldwide and increase the retail store network worldwide to 1,200 over the next five years.  Through subsidiary operations, Oliveda International is the largest investor in eco-certified mountain olive trees as well as the largest conservationist in Arroyomolinos de Leó, Spain.  Further information on Oliveda International can be found at http://www.oliveda.com, us.oliveda.com and http://www.olivetreepeople.com.   Forward-Looking StatementsThis press release may contain statements, estimates or projections that constitute “forward-looking statements” pursuant to the safe harbor provisions of the U.S. federal securities laws. Generally, the words “believe,” “expect,” “intend,” “estimate,” “anticipate,” “project,” “will” and similar expressions identify forward-looking statements, which generally are not historical in nature. Forward-looking statements are subject to certain risks and uncertainties, which may be found in the Company’s filings with OTC Markets Group Inc., that could cause actual results to differ materially from the Company’s historical experience and present expectations or projections. Investors should not place undue reliance on forward-looking statements, which speak only as of the date they are made.  The Company expressly disclaims any obligation or intention to publicly update or revise any forward-looking statements unless otherwise required by law.Advance PR Group
619-202-7456
olvi@advanceprgroup.com

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.