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Close of 5 Nov 2026, in USD
About Groove Botanicals
From its filings with the US Securities and Exchange Commission
Groove Botanicals is based in Minneapolis, Minnesota and is incorporated in Colorado. Its shares trade on OTC under the ticker GRVE. The SEC classifies its business as crude petroleum & natural gas. In the fiscal year to 31 March 2026, it reported a net loss of $139,917. At that date it held total assets of $4,432 and shareholders' equity of −$1.5m.
Groove Botanicals, Inc. (the “Company”), (formerly known as Avalon Oil & Gas, Inc.), was originally incorporated in Colorado on April 25, 1991 under the name Snow Runner (USA), Inc. The Company was the general partner of Snow Runner (USA) Ltd.; a Colorado limited partnership to sell proprietary snow skates under the name “Sled Dogs” which was dissolved in August 1992. In late 1993, the Company relocated its operations to Minnesota and in January 1994 changed its name to Snow Runner, Inc. In November 1994 we changed our name to the Sled Dogs Company. In May 1999, we changed our state of domicile to Nevada and our name to XDOGS.COM, Inc. On July 31, 1998, the Company split their shares One (1) for Fifty-Four (54). On August 24, 2000, the Company split their shares One (1) for Five (5) and changed our name from XDOGS.COM to XDOGS, Inc. We changed our symbol from XDGS to XDGI. On June 22, 2005, the Company changed our name from XDOGS, Inc. to Avalon Oil and Gas, Inc. We changed our symbol from XDGI to AOGS. On July 22, 2005, the Board of Directors and a majority of the Company’s shareholders approved an amendment to our Articles of Incorporation to change the Company’s name to Avalon Oil & Gas, Inc., and to increase the authorized number of shares of our common stock from 200,000,000 shares to 1,000,000,000 shares par value of $0.001. On May 15, 2007, the Company split its shares One (1) for Twenty (20). We changed our symbol from AOGS to AOGN.
Quoted from its 10-K, filed 29 Jun 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Consumer Staples
- Industry
- Personal Products
- Listed since
- 17 Aug 1998
- Employees
- 2
- Website
- avalonoilinc.com ↗
- Head office
- 310 FOURTH AVENUE SOUTH, MINNEAPOLIS, MN, 55415
- Incorporated in
- CO
- Classification
- Crude Petroleum & Natural Gas
- Filer status
- Non-accelerated filer<br>Smaller reporting company
Leadership
Pay as last reported
- Mr. Kent RodriguezChairman of the Board, President, Chief Executive Officer, Chief Financial Officer, Secretary, IR Contact Officer$88,000
- Ms. Jill AllisonDirector
- Mr. Rene HaeuslerDirector
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Groove Botanicals Inc is positioned as a leader in the organic skincare industry, offering a wide range of plant-based products that are both effective and environmentally friendly. The company has established a strong brand reputation for producing high-quality, cruelty-free cosmetics, attracting a loyal customer base.
- Furthermore, Groove Botanicals Inc possesses a robust distribution network, with its products being available in various retail outlets and online platforms. This widespread presence allows the company to easily reach its target market and increase its sales potential.
Weaknesses
- One of the key weaknesses of Groove Botanicals Inc is its relatively limited product line compared to some competitors. While the company excels in skincare products, it may miss potential opportunities in other segments of the beauty industry.
- Moreover, despite its strong brand reputation, Groove Botanicals Inc may struggle with brand recognition in certain markets where it faces intense competition from well-established skincare brands. This could result in difficulties in gaining market share and expanding its customer base.
Opportunities
- The growing consumer demand for natural and organic products presents a significant opportunity for Groove Botanicals Inc. By leveraging its expertise in plant-based skincare, the company can capitalize on this trend and further increase its market presence and sales.
- Expanding its product line to offer a wider range of beauty and wellness products could also unlock potential opportunities. This diversification would enable Groove Botanicals Inc to cater to a broader audience and mitigate the risks associated with relying heavily on a single product category.
Threats
- One of the major threats facing Groove Botanicals Inc is the presence of large, well-established competitors in the skincare industry. These competitors often have greater financial resources, extensive marketing capabilities, and established customer loyalty, making it challenging for Groove Botanicals Inc to gain market share.
- Additionally, the ever-changing regulatory landscape and stringent requirements for organic certifications pose a threat to the company. Complying with these regulations and maintaining relevant certifications can be costly and time-consuming, potentially impacting Groove Botanicals Inc's profitability.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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