NextMart Inc (OTCMKTS:NXMR) Stock Falls: Company Announces New Management Team
On Wednesday NextMart Inc (OTCMKTS:NXMR) came into the news cycle after it announced that its former Chief Executive Officer had resigned. The company named Donald R KeerEsq, a resident of the Commonwealth of Pennsylvania, as the new Chief Executive Officer and also a director.
Trading Data
On Tuesday, NXMR stock lost 3.39% to $0.0057 with more than 395K shares, compared to its average volume of 835.61K shares. The stock moved within a range of $0.0050 – 0.0057 after opening trade at $0.0057.
NextMart, Inc. – New Management Team
It was back on April 17 that the company had reached the agreement with Keer and the former CEO stepped aside on the same day. The changes went into effect immediately. It was further noted that in the coming days the corporate records with the State of Delaware were going to be updated so as to reflect the change in the management.
Over the course of the past two years Keer had served as the attorney of NextMart. In addition to that, he holds experience in oilfield services, business ownership and chemical engineering among others.
It should also be noted that Keer also support a number of other companies listed on the OTC markets as well. He noted yesterday that it was an exciting prospect to bring about growth at NextMart through both acquisitions as well as through organic growth. It will be interesting to see if the news leads to any major move in the stock or not.
