ProtoCall Technologies Inc (OTCMKTS:PCLI) Stock Jumps 20% In A Week: But Why?

Developing and commercialising electronic-sell through platform, ProtoCall Technologies Inc (OTCMKTS:PCLI) on October 1, 2021 finished formal process of giving information disclosures for achieving OTC Pink Current Information Status on OTC markets. The CEO, Paul Knudson said that the firm is excited on achieving Pink Current after due diligence of making ProtoCall become a publicly traded company.

Knudson said that the firm has preserved investments of patient shareholders and has established foundation for recapitalizingthe company through acquisitions ensuring that growth will continue. Furthermore, the CEO said that the firm is establishing Real Estate Division for taking advantage of the popular Idaho housing market and firm will be giving updates as it grows.

Protocall enables retailers for producing DVD movie, video game products as well as consumer software in retail packaging both at stores as well as Website distribution centers. The company provides TitleMatchDVD On-Demand, offering retailers virtual inventory of digital media products, that can eliminate cost of physical inventories. The firm also harnesses solutions for providing outsourced fulfillment services to web retailers, where
digital media product orders are sent for on-demand production and shipment to the retailer’s customer. Founded in 1992, the company is based in Panama City Beach, Florida.

Market Reaction:

On Friday, PCLI stock jumped 2.40% to $0.0058 with more than 4.25 million shares, compared to its average volume of 4.35 million shares. The stock has moved within a range of $0.0050 – 0.0062 after opening the trade at $0.0062.