Starting to Take Off! Finally, out of the 5-month downtrend. $ORCD has had a huge week up nearly 33% in the past 5 days and 51% since the bottoming out in mid-August at $0.19.
The recovery comes right after they announced record monthly sales since last October IN THE FIRST 18 DAYS OF AUGUST! They announced $545,000 in sales mainly from their PurTech delivery system.
- Now, considering $545k in sales over 18 days, that gives them an average daily sales number of just about $30,300
- Multiplying $30,300 by 31 gives us around $939,300 in sales for the whole month of August (if they continue generating the same amount of sales)
With their industry-leading PurTech products, PurCore technology, and the recently added PurGuard safety platform. $ORCD’s vertical integration and expanded retail strategy are second to none. Now that they're ready to move along with their growth path. IMO, a $14.5M market cap is still looking pretty cheap if they're able to continue generating record sales (which wouldn't be surprising). I'll be keeping a close eye on $ORCD!