While it is undeniable that there has been no news at all about IJJ Corporation (OTCMKTS:IJJP) in several weeks, the fact that the company’s stock soared by 26% yesterday could make it necessary for investors to take a closer look at it.
The company has not been in the news cycle since August 2 but at the time it should be noted that on that day IJJ Corporation had made a major announcement. The company provided an update with regards to its Pink Current Information status and noted that it was waiting for the next review from the OTCIQ.
In addition to that, IJJ Corporation also announced that it had provided its response to the OTCIQ with regards to as many as three requests during the course of the preliminary review pertaining to Financial and Disclosure information.
On the other hand, the company also provided an update with regards to the progress it had made with regards to the development of the eCommerce Exchange Trading Platform. While those were all important updates provided by IJJ Corporation it should be noted that it is unlikely that the rally on Monday was triggered by those updates. Investors could do well to keep an eye on any news regarding the company at this point.