The announcement is just in that Shokworks, the technology company owned by Metrospaces Inc. (OTCMKTS:MSPC) CTO Alejandro Laplana has just acquired a significant equity stake in Metrospaces. This strategy of acquiring stocks by Shokworks is part of a long-term plan to align the technology-focused company builder with Metrospaces, so the latter can establish itself as a leader in the proptech industry.
There will be further integration between the two companies in strategic areas such as marketing, finance and IT. As of now, the step follows the placement of Laplana as CTO and his later addition to the Metrospaces’ Board of Directors.
Metrospaces CEO Oscar Brito, is happy about the deal finalized with Shokworks, as it is a world-class IT developer, and has been instrumental behind the success of several high-profile companies. Metrospaces is now among the prestigious group of companies (almost of thirty of them) that Shokworks is working to develop even further.
On her part, Laplana is equally thrilled about taking a deep dive into the Metrospaces financial statements and growth plan. She feels there is much to do with this incredible technological metamorphosis. With the help of her team, she plans to transform the company into America’s leading proptech innovator.
Market Reaction:
On Wednesday, MSPC stock surged 5.56% at $0.0010 with more than 928.42 million shares, compared to its average volume of 330.64 million shares. The stock has moved within a range of $0.0009 – 0.0012 after opening the trade at $0.0010.
