Golden Developing Solutions (OTCMKTS:DVLP) Stock Falls 15%: Company Launches Subsidiary
Shares of Golden Developing Solutions (OTCMKTS:DVLP) closed lower in the previous session.
Market Stats
On Thursday, DVLP stock moved down 15.38% to $0.0033 with more than 29 million shares, compared to its average volume of 1.71 million shares. The stock moved within a range of $0.0032 – 0.0039 after opening trading at $0.0039.
Golden Developing Solutions, Inc. (DVLP) Launches Renown RX Telemedicine Subsidiary
Emerging company in Health and Wellness marketplace, Golden Developing Solutions (OTCMKTS:DVLP) on March 10, 2022 announced launch of fresh subsidiary, Renown RX, telehealth company. It will improve access to doctors facilitating patients to manage costs.
CEO Stavros Triant said that the company is excited on commencing the service. He added that post months of working and planning with network of pharmacists, physicists and technology development, the firm will be opening for `business in some weeks.
The CEO reaffirmed availability 24/7 to help customers. The quickly growing telemedicine industry will expand by 3.5 times to about $63 billion industry by 2027. Renown Rx is aiming to be a leader in highly desirable branded as well as generic prescription drugs for both women and men. Triant added that taking doc appointment has become difficult in several communities. The CEO gave examples of cities such as Boston, MA, or Raleigh, NC where new patients must wait for three to four months for appointment.
The company opines that its products are affordable and also protects patients’ privacy. Golden Developing Solutions believes that patients are not willing to talk about personal issues and this is where doing it online is easier to handle.Renown Rx established network of licensed physicians in all states. The drugs are given through 39 state-licensed pharmacies currently.
Key Quote
“We are extremely excited about starting this service. After months of planning and working with a network of licensed physicians, pharmacists, and significant tech development, RenownRX.com will be open for business in the next few weeks,” said CEO Stavros Triant. “And from now on, we’ll be available 24/7 to help our customers.”
Traders Corner
DVLP stock is trading below the 20-Day and 50-Day Moving averages of $0.0037 and $0.0039 respectively. The stock is trading in neutral zone with the RSI at 45.
