Hapbee Technologies Inc. (OTCMKTS:HAPBF) Stock Soars 12% After Announcing Key Updates
Hapbee Technologies Inc. (OTCMKTS:HAPBF) was up 12% after the Canadian wellness wearable tech firm, and Hapbee headband creator announced that it is in discussions with Proactive Investors North America and Maximus Strategic Consulting Inc. to offer marketing services to the firm.
Market Stats
On Friday, HAPBF stock soared 11.91% to $0.2490 with more than 9.5k shares, compared to its average volume of 65.23K shares. The stock has moved within a range of $0.2400 – 0.2490 after opening trading at $0.24.
Hapbee Announces Marketing Program and Financing Update
The company has enlisted the help of Maximus and Proactive to raise Hapbee’s broad market awareness in the investment community in North America. In providing the Services, Proactive and Maximus have committed to following all relevant securities laws and the TSX Venture Exchange regulations. Investor Relations Activities as specified by the Exchange Policies may be included in the contracts for the Services to be delivered by Proactive and Maximus, and each contract may be subject to the Exchange’s approval.
The company will hire Proactive for 12 months beginning in January 2022 and will offer payment of $65,500 plus relevant taxes for their services. In addition, the company has hired Maximus for a six-month contract starting in January 2022 for a fee of C$150,000. So, investors should watch HAPBF.
Traders Corner
HAPBF stock is trading above the 10-Day and 20-Day Moving averages of $0.2466 and $0.2434 respectively. However, the stock is trading below the 200-Day moving average of $0.3269.
