TGI Solar Power Group Inc (OTCMKTS:TSPG) Stock Turns Volatile Following An Acquisition

It was a great day in the markets for investors in TGI Solar Power Group Inc (OTCMKTS:TSPG) as the company’s stock came into considerable focus among investors and ended up with gains of as much as 19% for the day.

Trading Data

On Monday, TSPG stock slid 4.65% to $0.0041 with 70.49 million shares, compared to its average volume 1.79 million shares. The stock moved within a range of $0.0040 – 0.0072 after opening trade at $0.0066.

TSPG to Acquire Shelly North Carolina, Inc., International AI Solutions Provider

The company came into focus yesterday after it announced that it had successfully closed the business combination with the company Shelly North Carolina Inc. While the rally in the stock is notable, it may be a good idea for investors to take a closer look at the transaction in order to make their minds up about the stock.

In this regard, it should be noted that Shelly has come up with artificial intelligence powered solutions which give enterprises the power to be more engaging and responsive with their customers. At the same time, these solutions help companies in becoming a strong player in their industries and eventually boosting revenues considerably.

The business strategy that the company has come up with is known as NO SOLIUS which means no software, no license and no user fees. The transaction is going to be completed once the two companies complete the due diligence processes involved with the whole thing.