Shares of Rogue Station Companies Inc. OTCMKTS:RGST) ended lower on Friday. Here is the key development.
Trading Data
On Friday, RGST stock fell 15% to $0.20 with 25K shares, compared to its average volume of 221k shares. The stock has moved within a range of $0.2000 – 0.2250 after opening trade at $0.20.
Recent News
Rogue Station Companies, Inc. OTCMKTS:RGST) announced entering into comprehensive exchange agreement with Everdime Technologies, Inc.
Signed by the two parties on November 8, 2021, the agreement tracks terms of the Letter of Intent confirmed in October.
Everdime’s finance partners and shareholders will be purchasing shares, which would be equal to 80% control of RGST in exchange for 100% of Everdime’s shares.
RGST and Everdime will be settling the firm’s debt through a combination of Everdime tokens and stock, expecting it post on Ethereum blockchain in next 180-days. The two entities will be closing the agreement before December 15, 2021.
Sandor Miklos, CEO of Everdime said that John Conroy and the team have done brilliant job of putting together well-structured mini-SPAC. Miklos added that fits the company’s agenda of going public and the firm is satisfying all of the funding partners’ requirements.
The CEO added that it is launching Everdime token and custom coins as well as NFTs and hopes to meet expected customer needs. Everdime is expected to bring influencers, organisations as well as sports team to the platform enabling them to monetize success and also help participate in a number of income streams.
CEO for Rogue Station companies, John Conroy said that Sandor knows market space and the business combination will enable to meet funding partners’ late-round financing requirements.
