Epazz Inc (OTCMKTS:EPAZ) Stock Falls After The Recent Development

The blockchain cryptocurrency company Epazz Inc (OTCMKTS:EPAZ) was in focus yesterday among investors but not in a good way as its stock suffered from a selloff and ended up with a decline of as much as 9% for the day. However, it should be noted that the announcement from the company was a fairly important one.

Trading Data

On Thursday, EPAZ stock moved down 8.64% to $0.0037 with 817.25K shares, compared to volume of 1.28 million shares. The stock moved within a range of $0.0037 – 0.0042 after opening trade at $0.0041.

Epazz OSRA Product to Conduct First Practical Metaverse Application on Customers

Epazz announced that its On Site Remote Assist (OSRA) product, which had been integrated with the Metaverse, was all set to participate in its first metaverse application on its beta testing customers based out of Germany. The move came about after Epazz had managed acquire a number of client contracts in Germany.

It was announced yesterday that the company’s metaverse integrated with OSRA was going to be deployed at some point in the early part of January. The integration could well prove to be a major boon for a range of industries.

It is expected to help repair and maintenance crews, field workers and monitoring teams to conduct video calls from their sites. It would be possible for these personnel to participate in video calls with machine experts thanks to OSRA. It may be a good time to keep track of the Epazz stock and watch for any signs of recovery today.

Key Quote

Epazz Founder, Director, and CEO Dr. Shaun Passley commented: “Epazz has successfully started Metaverse integration through the OSRA product, and we will see its full-scale practical applications next year.”

Technical Data

EPAZ stock is trading below the 20-Day and 50-Day Moving averages of $0.0040 and $0.0047 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.0069.