Stemtech Corporation (OTCMKTS:STEK) Stock Continues to Trend Lower

This past Friday Stemtech Corporation (OTCMKTS:STEK) announced the launch of Business Academies for its independent business partners. The academies are going to be conducted in AguasCalientes in Mexico from May 25 to May 27 and then in Las Vegas from June 1 to June 3.

Trading Data     

On Friday, STEK stock slumped 5.28% to $0.0726 with more than 759.75K shares, compared to volume of 249.94K shares. The stock moved within a range of $0.0717 – 0.0770 after opening trade at $0.0770.

Stemtech Announces Business Academies For Mexico And U.S. Independent Business Partners

The Chief Operating Officer and President of the company John W Meyer spoke about the development as well. He noted that the decision to offer training opportunities to its independent business partners was part of the STEMTECH Vision 2023 strategic initiative. The training program would focus on effective business methods and cover a range of areas specific to the products from Stemtech.

It would provide the independent business partners on the ways to attract and retain new members or on the ways in which the proven compensation program could be maximized. The company went on to note that the Business academies are going to be focussed on the maximization of the earning potential of the independent business partners and offer financial freedom.

The company believes that the rising inflation and cost of living, it was the right time to offer an opportunity to boost the weekly or monthly incomes of its independent business partners.