Bounce Mobile Systems Inc. (OTCMKTS:BNCM) Stock Soars 15% After Announcing New Partnerships

Shares of Bounce Mobile Systems Inc. (OTCMKTS:BNCM) closed higher on unusual volume in previous trading sessions.

Trading Data

On Friday, BNCM stock gained 15% to $0.46 with more than 14k shares, compared to its average volume of 1.6k shares. The stock has moved within a range of $0.4600 – 0.5800 after opening trade at $0.58.      

Bounce Mobile Systems Forms Partnerships to Launch Global Platform for Freelancers by Q2 in 2022

Bounce Mobile Systems, Inc. (OTCMKTS:BNCM) made an announcement on 7th January, 2022, about its partnership with Servebank Financial Inc. and British Cambridge College. The purpose of this collaboration is to build and launch a global platform exclusively for freelancers by June 2022.

The platform – GigsBoss – will recruit over 50,000 freelancers in the next 12 months through strategic partnerships, networks, and various marketing campaigns. The partnership between the three parties will help boost the growth of GigsBoss to improve lives and communities by creating economic opportunities for them.

Did you know there are approximately 1.2 billion freelancers around the world that make up almost 1/3rd of the total global workforce? An estimated 60 million Americans are reported to have freelanced in 2020 or around 36% of the overall American workforce and contributed $1.20 trillion to the economy!

GigsBoss aims to create more opportunities for skilled young professionals, seeking a flexible work environment and change from the present working conditions. The platform enables them to showcase their talent globally, while getting the freedom to work as per convenience.  Hatadi Shapiro Supaat, CEO of Bounce Mobile Systems and GigsBoss, states that it also gives an excellent opportunity to companies for securing the best possible talent for their projects. They hope to secure its listing on NASDAQ within the next 5 years. 

Key Quote

“The mission of GigsBoss is to improve the lives of people and communities. We do so by creating economic opportunities for them. Our platform enables people the opportunity to offer their talents and skills and the freedom to work anytime and anywhere while enabling companies to secure the best possible talents for their projects within their budgets,” as stated by Hatadi Shapiro Supaat, CEO of BNCM and GigsBoss.

Technical Data

BNCM stock is above the 10-Day and 20-Day Moving averages of $0.44 and $0.45 respectively. Moreover, the stock is above the 200-Day moving average of $0.4512.