Cybernetic Technologies Ltd. (OTCMKTS:HPIL) soared 55% after announcing approval of its application with OTCIQ. As a result, CEO Stephen Brown said, the company will remain as the parent company for Apogee Dynamics, Cybernetic Technologies, NFT procurement, Medusa Artificial Intelligence, and World Gaming Group.
Brown received the OTCIQ Agreement through DocuSign, and the OTC Quote on August 10, 2021, indicated, “Congratulations! Your Application for OTCIQ service has been approved.” Brown said that they are delighted with the achievement within a short time, and they will continue with their transparent and aggressive business intelligence.
Recently, the company announced that NFT Procurement Ltd holds a 51% stake and has entered a partnership agreement with Origin Protocol, with both companies collaborating on NFT minting on Origin’s Platform. They will offer the NFTs for sale to third-party purchases on a site that Origin will create and host and showing NFT Procurement’s IP on the subdomain dot.com owned by NFT Procurement. So, HPIL is worth keeping an eye on in the months to come.
Market Reaction:
On Wednesday, HPIL stock surged 55% at $0.0051 with more than 601.61 million shares, compared to its average volume of 373.25 million shares. The stock has moved within a range of $0.0050 – 0.0061 after opening the trade at $0.0050.
