GEMZ Corporation (OTCMKTS:GMZP) Stock On Radar After Recent News
On Thursday, GEMZ Corporation (OTCMKTS:GMZP) made an announcement with regards to BadgerBloX Homes Inc, its fully owned subsidiary unit, which is based out of Wisconsin and involved in manufacturing shipping container converters.
Trading Data
On Thursday, GMZP stock slumped 30.23% to $0.0030 with 66.29 million shares, compared to its average volume 14.62 million shares. The stock moved within a range of $0.0027 – 0.0050 after opening trade at $0.0046.
GEMZ Corporation’s BadgerBloX Subsidiary Reports Large Number of RFQ’s and Customer Inquiries
The company announced that BadgerBloX had received a significant number of customer inquiries as well as request for quotes since it had entered into the shipping container converter market. It is a fast growing industry and is currently worth $56 billion. The company, which is led by its President and Director Chris Schrubey, is currently working on ramping up considerably for expanding its operations.
The team at BadgerBloX is experienced in a number of disciplines and would not be involved in satiating the rising demand for flexible and affordable homes as well as workspaces from the conversion of shipping containers. It has been a proven solution to affordable living and currently there is considerable demand for such living options not only in the United States but also in the rest of the world.
President and Director of GEMZ Corporation Stephen Carnes spoke about the situation as well and noted that the company had decided to acquire and support BadgerBloX in light of the growing demand for such living options.
