RJD Green Inc (OTCMKTS:RJDG) Stock Soars 15% After Announcing A Major Business Development Alliance

Shares of RJD Green Inc (OTCMKTS:RJDG) ended with double digits gain on Tuesday on unusual volume.

Market Stats

On Tuesday, RJDG stock moved up 15.51% at $0.0108 with more than 3.10 million shares, compared to its average volume of 1.01 million shares. The stock has moved within a range of $0.0092 – 0.0116 after opening the trade at $0.0098.

RJD Green Inc. Subsidiary IOSoft Announces a Business Development Alliance

RJD Green Inc (OTCMKTS:RJDG) on November 2, 2021 announced that its subsidiary, IOSoftInc, has engaged for business development representation, Iconic Resource Group. This will start from the new year and IRG will be pursuing introduction of IOSoft’s additional platforms for healthcare as well as other sectors.

The management of IOSoftopines that IRG’s relationships can facilitate in augmenting revenues and sales.

I0Soft has been providing software for healthcare claims, medical billing as well as automotive warranty payments for corporations, government & institutional organizations. The company has finished integrating three software platforms enhancing their leading-edge payment systems.

The company management said that integration of three software platforms as well as current offerings of leading edge expedited payment software programs augments its package of specialized processing solutions for healthcare payers. The payment systems will be combined with claims processing as well as adjudication, a multi-level communications system, and precise data collect software systems.

IOSoft’s integrated systems provide leading edge solutions for payment claims and pricing enhancing productivity and efficiency. The solutions can be harnessed on total claims and payment management system.

IOSoft’s system provides complete auto adjudication claiming processing software program maximising automation as well as customer engagement through leading edge technology, making the system compliant and scalable to the payer’s specific needs.

Traders Corner

RJDG stock is trading below the 20-Day and 50-Day Moving averages of $0.0111 and $0.0113 respectively. Moreover, the stock is trading below 200-Day moving average of $0.0134. The stock is down 17% in the past month.

Madison Hall

After graduating from the University of Buffalo, Madison gained a real interest in the markets. She tends to be a swing trader and enjoys Pilates and yoga in her downtime.