Metrospaces Inc. (OTCMKTS:MSPC) Jumped 28% Last Week: Here is Key Driver

Metrospaces Inc. (OTCMKTS:MSPC) jumped 28% last week, and it continues to perform exceptionally in recent weeks. The company recently announced an investment in Good Hemp Inc., a company looking to deliver healthier and vibrant products to customers.

For some time, the Metrospaces management has been in discussions with Good Hemp regarding various collaboration strategies. Good Hemp is an ideal choice for partnership because of its operations strategy, recent acquisitions, and partnerships. In addition, the investment matches MSPC’s strategy since it is considering innovative tech in agriculture using AI and drone yield monitoring through the recently announced PropTech unit.

The company announced the appointment of Oscar Brito as the interim CEO following the departure of Daniel Silva. Silva recently tendered his resignation to the board, resigning as Metrospaces CEO and board member. Also, Silva sold his preferred Series B stock to a group managed by Brito, GBS Capital, leaving him as a minority shareholder. Therefore, in the coming months, MSPC is a stock worth watching.

Market Reaction:

On Friday, MSPC stock gained 9.52% at $0.0023 with more than 482.04 million shares, compared to its average volume of 399.31 million shares. The stock had moved within a range of $0.0020 – 0.0025 after opening the trade at $0.0021. Over the past 52-week, the stock has been trading within a range of $0.0000 – 0.0033.