Welcome to our dedicated page for METAVESCO news (Ticker: MVCO), a resource for investors and traders seeking the latest updates and insights on METAVESCO stock.
Metavesco, Inc. (MVCO) operates at the convergence of web3 innovation and traditional business growth through strategic acquisitions and digital asset management. This news hub provides investors and market observers with timely updates on the company's multifaceted operations across blockchain technology, crypto liquidity solutions, and consumer brand development.
Access comprehensive coverage of MVCO's business milestones including bitcoin mining expansions, NFT-integrated product launches through Boring Brew, and strategic moves in traditional sectors like specialty staffing and craft beverages. Our curated news collection serves as a centralized resource for tracking the company's unique position in both emerging digital markets and established industries.
Key updates include detailed analyses of acquisition strategies, operational developments in crypto liquidity provision, and innovations bridging blockchain technology with physical consumer goods. Bookmark this page for direct access to official press releases and market-neutral reporting on MVCO's progress in building a diversified portfolio across digital and conventional sectors.
Metavesco (OTC PINK: MVCO) has unveiled its Epic Labor Expansion Roadmap: 2025-2029, outlining an ambitious growth strategy to expand from 3 to 98 branches nationwide. The plan targets reaching $125-135 million in run-rate revenue by 2029.
The roadmap includes yearly milestones:
- 2025: Expand to 6 branches, 22% gross margin target
- 2026: Reach 14 branches, 25% gross margin target
- 2027: Grow to 28 branches, 29% gross margin target
- 2028: Achieve 48 branches
- 2029: Reach 98 branches
The strategy incorporates annual bolt-on acquisitions ranging from $1-3M (2025-2027) to $2-5M (2028). Profitability improvements will be driven by self-insurance implementation (2027), a shared-services center (2028), and technology-driven optimizations. Each new branch targets $1.2M annual run-rate within six months, scaling to $1.5M by month 24.
Metavesco (OTC PINK: MVCO) has announced plans to retire 3.76 billion common shares owned by CEO Ryan Schadel as part of a strategy to enhance shareholder value and streamline the company's capital structure. In exchange, Schadel will receive 51 Series X Preferred Shares with non-convertible super voting rights, maintaining his 51% voting power.
The company, which focuses on growth in digital and traditional sectors, is preparing for a major expansion of its Epic Labor subsidiary, targeting $50 million in annual revenue. The share cancellation will be implemented following the completion of procedural requirements.
Metavesco (OTC PINK: MVCO) has announced a 100-for-1 forward stock split of its common stock, effective December 23, 2024. Shareholders of record as of October 30, 2024, will receive 100 shares for each share held. Trading on a split-adjusted basis will begin on December 24, 2024.
The company has also increased its authorized shares from 600 million to 15 billion. According to CEO Ryan Schadel, this move aims to enhance shareholder value by increasing share liquidity and attracting a broader investor base. The company emphasizes its toxic debt-free status as a distinguishing factor in the OTC market.
Metavesco (OTC PINK:MVCO) announced that its wholly owned subsidiary, Epic Labor, achieved revenue of $177,682 in its first month of operation in October. The company, focusing on blue collar staffing solutions, plans to expand its geographic footprint, invest in recruitment technologies, and develop partnerships in construction, logistics, and manufacturing industries. Epic Labor's growth strategy aligns with Metavesco's goal of driving shareholder value through scalable business opportunities.
Metavesco, Inc. (OTC PINK:MVCO) has successfully acquired key assets from Epic Labor, Inc., a Georgia-based provider of on-demand temporary staffing solutions. The acquisition includes customer contracts, tangible assets, and operating assets of Epic Labor's Nashville and Knoxville branch offices. Metavesco will rebrand these offices under its newly created subsidiary, Epic Labor, Inc.
Ryan Schadel, CEO of Metavesco, expressed enthusiasm for the acquisition, highlighting the staffing industry's $200 billion annual revenue in the US. He emphasized the alignment with Metavesco's strategic vision of diversifying holdings and investing in industries with resilient, long-term growth potential.
The transaction was completed on September 27, 2024. Metavesco aims to build the Epic Labor brand while adhering to its 'Build in Public' philosophy.
Metavesco (OTC PINK:MVCO) has announced a joint venture with Local Choice Spirits to launch a -edition bourbon series at the historic Striped Pig Distillery in Charleston. This partnership replaces an initial acquisition plan due to OTC market conditions. Metavesco has purchased 8-year-old barreled aged bourbon from Local Choice Spirits, forming the basis for a premium bourbon line.
The collaboration leverages Local Choice Spirits' production capabilities, licensing, and distribution network for efficient market entry. Ryan Schadel, CEO of Metavesco, expressed excitement about partnering with a respected name in the spirits industry. Paula "Pixie" Dezzutti of Local Choice Spirits highlighted the venture's focus on quality and craftsmanship. The rare, small batch bourbon is expected to hit the market before year-end, with branding and availability details to be announced soon.
Metavesco (OTC PINK:MVCO), a web3 enterprise and digital asset innovator, has announced two upcoming live events featuring CEO Ryan Schadel and incoming CEO Paula "Pixie" Dezzutti. On August 22nd at 9:15 AM, they will host a live stream from Striped Pig Distillery in South Carolina, discussing the company's recent acquisition and future vision. This will be streamed on Ryan Schadel's X account (@cryanschadel).
Following this, on August 23rd at 6:00 PM, Schadel and Dezzutti will appear on the JRC Stock Talk podcast, providing deeper insights into the acquisition's strategic benefits and Metavesco's growth plans. These events aim to engage shareholders and investors, demonstrating the company's commitment to transparency and growth.
Metavesco, Inc. (OTC PINK:MVCO) has signed a non-binding Letter of Intent to acquire Striped Pig Distillery and Local Choice Spirits of Charleston. The acquisition highlights include:
- Approximately 1000 barrels of aged bourbon, valued at over $18,000,000 retail
- 16 active product SKUs including vodkas, rums, gins, whiskeys, and tequila
- Product distribution in 20 states and e-commerce availability in most
- Distillery capable of producing 300 high-quality bourbon barrels annually
Upon closing, Metavesco will issue restricted common stock, preferred stock, and a $2 million convertible note, while assuming $1.2 million in debt. 'Pixie' Paula Dezzutti, the current leader of the acquired companies, will be appointed as Metavesco's new CEO.
Metavesco's subsidiary, Boring Brew , has been selected for the Made By ApeCoin Accelerator Program. This program, funded by the ApeCoin DAO, supports small businesses within the ApeCoin and Bored Ape Yacht Club communities. Boring Brew will receive up to 20,000 APE tokens in direct funding, alongside potential secondary funding and contributions through Thank Ape. CEO Ryan Schadel expresses gratitude and excitement for the opportunities this brings to enhance their specialty coffee offerings. This selection comes a year after Metavesco acquired Boring Brew, reflecting their commitment to innovation in the coffee industry. For more details, visit boringbrew.com.
Metavesco (OTC PINK: MVCO), a web3 and digital asset company, announced its exploration of acquiring a historic distillery in South Carolina.
The firm has initiated a due diligence process and plans to draft a Letter of Intent shortly. CEO Ryan Schadel expressed excitement about the acquisition, noting the distillery's award-winning status and alignment with Metavesco's strategy for brand expansion.
The distillery's rich history and market reputation could significantly enhance Metavesco's offerings.
While there is no certainty of a deal, Metavesco aims to make a definitive decision soon.
