Over the course of the past week, the Quantum International Corp (OTCMKTS:QUAN) stock has been in the middle of a fairly strong move and has managed to clock gains of as much as 8% during the period.
Trading Data
On Monday, QUAN stock moved up 2.85% to $0.1265 with 149K shares, compared to its average volume of 259k shares. The stock moved within a range of $0.1235 – 0.1389 after opening trade at $0.1235.
Quantum International Corp. (QUAN) Provides Updates on the LootUp App and Election of New Board Member
While the gains made during the period is expected to bring it on to the radars of investors, it is also necessary to note that the company was actually in the news yesterday. Quantum International provided updates with regards to the LootUp App and in addition to the provided news with regards to the election of a new member to its board.
The LootUp App Project is an innovative one since it involves a non-custodial peer to peer payment platform and Quantum announced yesterday that it was moving ahead with it. The app is going to be designed in such a way that crypto payments could be sent directly to user name. There is no longer going to be any involvement of random addresses in case of the app. In addition to that, the company noted that Bill Wyland , the Owner of Bill Wyland Galleries LLC had been nominated and then elected to the Quantum International board.
Key Quote
“Cryptocurrency is the way of the future, but no one has simplified it for the average user. Most people still find it very confusing to use. LootUp is bridging the gap between traditional and modern payment apps for a safe and easy way to integrate crypto payments. The company will keep you informed on our progress. We will go into more detail on more aspects of the LootUp App in upcoming Press Releases. We are very excited about the future of the LootUp App and Quantum International Corp.,” stated CEO, Justin Waiau.
