IJP Corporation (OTCMKTS:IJJP) stock Is Down 20%: What’s Going On?

In the past week, the IJP Corporation (OTCMKTS:IJJP) stock has suffered from a pretty strong selloff and declined by as much as 20% during the period. In this regard, it might be a good time for investors to start looking into some of the recent development with regards to the company.

Yesterday, the company noted that its Pink Current Information status is still in the final stage of review with the OTCIQ. However, the company did say that it anticipates that a final decision is going to be delivered regarding this particular matter on June 30, 2021. The company went on to state that all the relevant documents regarding the process have already been handed in to the OTCIQ.

While the decision from the OTCIQ is expected to be watched closely by investors tomorrow, it should be noted that there is another thing that investors ought to keep in mind regarding IJP Corporation.

The company is working on an eCommerce Exchange Trading Platform and provided some details about the progress that has been made on that front. The platform is going to work as a platform through which interested backers can make contributions towards campaigns for various projects and programs.

Market Reaction:

On Monday, IJJP stock fell  11.11% to $0.0040 with more than 68.63 million shares, compared to  its average volume of 30.29 million shares. The stock has moved within a range of $0.0038 – 0.0047 after opening the trade at $0.0043 Over the past 52-week, the stock has been trading within a range of $0.0001 – 0.0080.