This stock looks to be fighting to hold $1.00 as support which makes it appear very bullish in the short-term.
Even though it has fallen below the $1.00 level a few times, LITH has found legs for another run back above that level.
This Is HUGE...
If LITH maintains this support, it could look to make another major run up the charts as traders could see the $1.00 level as a potentially undervalued range for this stock to be trading in.
The slightest bit of positive news could lead to another big breakout. LITH requires your immediate attention because of press releases like this:
#2 LITH Key Catalyst - Board Approves Name Change
US Lithium Corp. Announces It Has Approved Name Change To BioELife Corp. To Reflect New Direction
HENDERSON, Nev., Feb. 05, 2020 (GLOBE NEWSWIRE) -- US Lithium Corp (OTC QB: LITH) (the ”Company”) is pleased to announce that its Board of Directors and shareholders have approved an amendment to the Articles of Incorporation changing the name of the corporation from U.S. Lithium Corp. to BioELife Corp. The name change will better reflect the Company’s new strategic focus on the rapidly growing CB market. The Company expects this action will become effective within the next 30 days. The Company will also be launching a new website and seek a new trading symbol for its common stock immediately after the name change becomes effective.
“BioELife reflects the Company’s new direction into helping improve individual lives through non-addictive remedies for stress and pain relief as well as other medical purposes,” stated Gregory Rotelli, Chairman of the Board and President of LITH. Mr. Rotelli further stated, “We’re positioning our Company as ’Nature’s Bio Equivalent’ with a ‘seed to shelf’ philosophy. Our raw materials are sourced directly from our partner farms in America’s heartland which grow only the best quality CB strains for use in all our formulations. Throughout our farming and GMP manufacturing process, our products are made using the purest and most potent ingredients available and are backed by clinical data and independent laboratory testing.”
BioELife currently partners with well-known farmers, certified contract manufacturers and key distributors to produce and distribute exceptional products at the lowest possible cost. Positive testimonials from BioELife clients and patients continue to substantiate the Company’s objective to provide products that perform better than any currently on the market and often better than prescription medications. The Company has already expanded manufacturing and distribution channels in these first few weeks since entering the CB industry.
#3 LITH Key Catalyst - New Ecommerce Website Launches
US Lithium Corp (BioELife) Launches Ecommerce Website For Wholesale Customers And Consumers
HENDERSON, Nev., Feb. 19, 2020 (GLOBE NEWSWIRE) -- US Lithium Corp (OTC QB: LITH) (the “Company”), soon to be renamed BioELife, is pleased to announce that its CB business has launched its beta ecommerce website, www(dot)bioelife(dot)net. The new site will allow wholesale customers, as well as consumers, to register, view and purchase all of BioELife’s current product offerings. This includes adult CB gum drops, the Company’s highly concentrated topical 2,000 mg CB intensive pain cream, premium pre-rolls and flower from its farm partner Hemp Heaven Farms.
“BioELife(dot)net offers wholesalers a convenient method to view our expanding product line and order products for distribution,” stated Gregory Rotelli, Chairman of the Board and President of LITH. Mr. Rotelli added, “We are excited that Hemp Heaven Farms is now supplying premium flower from last year’s harvest and is available in bulk or manufactured pre-roll form. Our pre-roll conforms to various state regulations, including Texas which prohibits the manufacture of pre-rolls within its borders.”
The Company’s corporate site, www(dot)bioelife(dot)com, will provide corporate background, investor relations, and information on current and upcoming products. It is expected to be launched later this month.
#4 LITH Key Catalyst - Release Of Game-Changing CB Product
US Lithium Corp. (BioELife Corp.) Releases ChiroRub 2000, the Next Generation CB Pain Cream
HENDERSON, Nev., Feb. 12, 2020 (GLOBE NEWSWIRE) -- US Lithium Corp (OTC QB: LITH) (the “Company”), soon to be renamed BioELife Corp., is pleased to announce that it has completed production and began shipping its latest pain cream, ChiroRub 2000. The proprietary formulation, containing 2,000 mg of CB, has been doctor and patient tested and is one of the most effective pain relief creams currently available on the market today. ChiroRub 2000 was developed in conjunction with leading physicians, chiropractors, and medical professionals who evaluated and validated the product’s efficacy throughout several developmental phases.
Matthew DeNomme, principal with [...], stated “We are proud to be a master distributor of ChiroRub 2000. After extensive research, we’re confident that ChiroRub 2000 is the most effective pain cream on the market and is priced at an exceptional value for our customers.”
“ChiroRub 2000 is one of our first product launches and has been validated through a network of medical professionals. It is one step toward our goal of improving people’s lives through the use of non-addictive remedies that provide relief and are cost effective,” stated Gregory Rotelli, Chairman of the Board and President of LITH. Mr. Rotelli also stated, “This further reflects our continuing commitment to product development in conjunction with our medical professional advisors and customers."
BioELife partners with well-known farmers, certified contract manufacturers and key distributors to produce and distribute exceptional products at the lowest possible cost. Current products now include CB Gummies, high quality hemp pre-rolls, and bulk premium flower in addition to ChiroRub 2000. Several of these products are being marketed by medical networks in various combination packages to maximize patient benefits and efficacy. Positive testimonials continue to substantiate the Company’s products’ effectiveness.
The slightest bit of news, including the official name/symbol changes, could light a fire under this stock and catapult it up the charts.
And, as Yahoo Finance reports this stock to only have 2.13Mn shares in its float, volatility could be a major factor in a short-term breakout if the news is good.
LITH might not trade at these levels for much longer... Get it on your radar now.