Universal Systems Inc. (OTCMKTS:UVSS) Stock Resumes Another Round Of Selling Pressure
Universal Systems Inc./Digital Distro Solutions Inc. (OTCMKTS:UVSS) dropped 17% on Friday. Recently the company announced that it had attained Pink Current Status for OTC Capital Markets.
Market Stats
On Friday, UVSS stock moved down 17.27% at $0.0091 with more than 67k shares, compared to its average volume of 212K shares. The stock has moved within a range of $0.0091 – 0.0117 after opening trading at $0.0117.
Recent News
CEO Andrew Lane stated that the company’s internal staff, executive leadership, partners, and attorneys had worked hard to ensure transparency and due diligence were documented and provided. Lane said thanked the team for the persistent initiative to revive Universal System into an OTC Pink Current company. In the coming two quarters, the company plans to complete contractual responsibilities for the Casting and Musical Soundtracks of Social Brand Influencers in the “Man in the White Van” film directed by Warren Skeels.
Besides the “Man in the White Van” film, the company is also working on another feature film that will be released soon. Lane added that the company is working on converting digital media assets into NFTs and completing its Digi Marketplace and Digi Wallet. By Q1 2022, the company will be able to allow partners, clients, and prospects to mine and place NTFs in the Digi Market. UVSS is worth watching.
Traders Corner
UVSS stock is below the 20-Day and 50-Day Moving averages of $0.0107 and $0128 respectively. The stock is trading in the neutral zone with the RSI at 42. The stock is down 20% in the past month.
