Metrospaces Inc (OTCMKTS:MSPC) Stock Gains Momentum: Here is Why

Yesterday, Metrospaces Inc (OTCMKTS:MSPC) was in considerable focus among investors after the a letter was issued to the shareholders from the Chief Executive Officer Oscar Brito and the Chief Technology Officer Alejandro Laplana.

Following the publication of the letter, the stock moved as well and ended the day with gains of as much as 7%. In the letter, the two executives of the company provided the Metrospaces shareholders with updates regarding some of its innovations before the publication of its unaudited financial records. The letter started off by welcoming Laplana as the new CTO of Metrospaces and also as a member of the company’s board.

The letter went on to state that the team headed by Laplana at Shopworks has proven to be a key ingredient in Metrospaces’ plans to transition into a leader in the proptech space. In addition to that, it was also mentioned that the company is now looking to transform from a pure play real estate firm to a firm which puts technology at the forefront.

Hence, it is perhaps understandable that investors seemed quite optimistic about the company on Thursday and it is going to be interesting to see if the stock can add to its gains today.