October, 2009 Non-Commodity Idea by Larry Myles

October, 2009 Non-Commodity Idea

Remember OneMove (TSXV: OM) the Real Estate Tech. Co. I mentioned earlier in May and September?....there’s more good things to update you on. Check them out...

OneMove Technologies Inc. appears to have put all the pieces together in year 7. While they’re in a sector we all love to ignore, they’re cheap and worth a look now with their November 27 AGM looming.

Real Estate has been beaten down as once was gold or pick a commodity of your choice however, it has been strong in towns and cities across British Columbia, Canada, led by Metropolitan Vancouver.

OneMove’s Econveyance™ represents an incredibly efficient change to the business of real estate. People processing all those buys, sells, and refinancings love it because it save a lot of time and money. People need help being more efficient completing deals perhaps even some of those foreclosures we’ve read so much about this past year. These guys seem to have the winning system to do it faster, cheaper, and better than anything out there. Expansion via strategic alliances or even potentially getting taken out seems to be the next logical stage for them.

I know, I know, me pick a stock like this in the midst of a resource market? Let me put on my contrarian hat. For you first timers here’s the company in a nut shell. OneMove Technologies Inc. (TSX-V: OM) headquartered in Vancouver, B.C., Canada, offers a leading proprietary web based real estate transaction platform.

EconveyanceTM facilitates efficient communication between all involved parties: lawyers, lenders, title insurance co.’s even consumers and their realtors. Sounds boring right? I initially thought so but one of my techno geek subscribers actually keen on get this, bank and insurance stocks, set me straight.

First he enlightened me on the ongoing expandable-renewable cash flow nature of the sector and their product directly assisting lawyers, lenders, title insurers, and even realtors by closing deals more efficiently. He then pointed out the value added that their Econveyance has provided to Lawyers and Notaries in 2009 let alone improvements via EconveyancePro. I get what it can do going forward when rolled out just across Canada. Revenues are already exponentially increasing as more users sign on. They are on the verge of totally dominating just British Columbia and I do not say that lightly either. How so do you ask?

For starters the 100+ client firms signed up since the onset of the 2008 recession have them currently at 340 client firms vs. 210 firms for the entire combined competition (4) products, that’s 40% more and counting in the same recession that creamed a lot of companies including a competitor. 7+% month over month growth of daily average revenues for the last 4 years, to name another. Year 7 is their year as the foundations are now set and not just in the Province of British Columbia. OneMove’s technology is better, faster, more intuitive and robust than anything out there. Oh, it doesn’t hurt that its expandable into other jurisdictions. Has the penny dropped for you now?

If this was the pilot test, I’d say it’s about to successfully conclude. The share price is cheap. OneMove IPO’d at $0.50 approximately 5 years ago and they are poised for growth presently into Western Canada for starters.
Also in late September, OneMove received news that it’s largest competitor “Notary Office-ProSuite” with approximately 160 combined users, was put up for sale by the executive of the BC Notary Society. Key staff reductions have followed.

The sale is pending to an undisclosed party for undisclosed terms. OneMove has aggressively started contacting the user base to arrange in-person or web-based demonstrations offering incentives for timely switch-over to EconveyancePro. OneMove already services 40 existing Notary Firms so I can imagine the pending success ratio with the following references at the link: Econveyance by OneMove - Lawyer/Notary User Testimonials . Impressive that they provide their client list too simply by clicking on "Find a Lawyer or Notary".

OneMove is extremely confident of future growth via expansion given strategic relationships with key industry players such as Fidelity Financial’s “Chicago Title” and NYSE First American subsidiary “First Canadian” who have strong core business with our Canadian Chartered Banks. OneMove is also exploring other strategic opportunities with major Canadian and US players.

It is important to keep our eyes out for new trends and special situations of merit whatever the sector especially one that is beaten down. We have found a proverbial baby tossed out in the bathwater. Their last 12 months of headlines bares that out. As I said back in May to a few of you. Until OneMove, I hadn’t found a tech. company at this juncture since I had hair and let me reiterate, that was 10 years ago.

Thanks to my techno geek reader, I feel we may have one of those ‘soon to be discovered companies’, ‘diamond in the rough companies’ (or select your own favourite hackneyed phrase). What matters to me, is that after more than a decade away, I have stumbled upon a micro junior that appears to have the ability to go places. Oh yes, I noted some pitfalls they made along the way before their mid August release of “EconveyancePro”, and that makes me more confident about them, learning to benefit from those mistakes.

OneMove shares (TSXV:OM) have been under accumulation between $0.03 to $0.05 CDN and their AGM is coming up November 27, 2009. They appear to be in spitting distance of their business really taking off. They have a steady progression of news releases on the Company’s web-site: One Move - Press Releases-Click Here. See For Yourself . My October newsletter provided below, states my main priority for investing very clearly as does the chart. Consider OneMove while everyone continues to sell their recent accomplishments short.

Larry Myles 604‐408‐7600
1‐877‐405‐7600