Shares of Marketing Worldwide Corporation (OTCMKTS:MWWC) closed with double-digit rally on Wednesday after announcing a key update.
Trading Data
On Wednesday, MWWC stock gained 10.53% to $0.0063 with 65.89 million shares, compared to its average volume of 44.83 million shares. The stock has moved within a range of $0.0057 – 0.0077 after opening trade at $0.0059.
Latest News
Marketing Worldwide Corporation (OTCMKTS:MWWC) has confirmed on expanding Minosis mining platform release for extra users and acquired new crypto-mining equipment.
The company, ahead of complete launch of Minosis portal, has achieved patent pending status on software features “Distributed Assets Crypto Mining Payouts”.
Marketing Worldwide Corporation has planned this in a series of patents in Crypto Currency as well as Block-Chain Technology sector.
CEO, Jason Schlenk said that getting the first patent filed before global launch was brilliant.
The firm is anticipating another round of testing around November 22nd with full version by year end including user testing of up to 25,000 people.
Minosis will include four mineable crypto-currencies, Minosis Agent features as well as information on the crypto-currency sector. CEO Jason Schlenk believes that the global launch of the gateway will ensure projectable revenues for release in late of quarter one of 2022.
One full version has Minosis platform offering hash-rate rental; incorporated as an income producing derivative. This will account for 75% of the Minosis revenue stream.
CEO Jason Schlenk added that he is excited on being a positive company harnessing ground breaking tech to project MWWC. He added that the company has become compliant, done acquisition of equipment that would be listed as assets on the books and will do an aggressive income generating campaign.
Technical Data
MWWC stock is trading below the 20-Day and 50-Day Moving averages of $0.0070 and $0.0065 respectively. However, the stock is below above 200-Day moving average of $0.0034. The stock is down 39% in the past month.
