Opportunities in the equity markets have been hard to come, with stock markets witnessing a bloodbath. However, there are a few opportunities, such as Triad Pro Innovators Inc (OTCMKTS:TPII), which jumped 4% in the last session, that investors should watch.
Trading Data
On Tuesday, TPII stock moved up 4% to $0.0171 with 26K shares, compared to its average volume of 308K shares. The stock moved within a range of $0.0165 – 0.0176 after opening trade at $0.0167.
About Triad Pro Innovators
The company has created a novel device that can store electricity in various ways. The storage solution benefits greatly from the incredible operational flexibility offered by the recently designed Triad Pro electrical supply. The Triad Pro energy cell could be customized using the company’s proprietary software and hardware solution to store power at a rate restricted by only the system providing it and then discharge that power in a controlled way depending on the application, offering flexibility unmatched by conventional chemical battery-based energy storage.
In addition, Triad Pro develops and builds sustainable energy solutions, such as Co-Generation and also patent-waiting energy cells, which may be used independently or in a modular fashion as consumption levels rise.
Triad Pro Innovators Provides Update on Its Solar-Powered SPREE Golf Carts
The patent-pending Triad Pro-Energy Cell developer announced that it had received the initial shipment of 23 golf cart chassis for the 2022 SPREE solar-powered golf carts. The electrical power storage system for the SPREE solar-powered golf cart would utilize the business’s patented solid-state Triad Pro-Energy Cell tech. The technology offers several advantages compared to conventional chemistry-based lithium-ion and lead-acid batteries. The advantages of the golf cart market include fast charging, over 30,000 complete discharge-recharge cycles, and solid-state 100% recyclable cells without any toxic chemicals.
Key Quote
Murray Goldenberg, CEO of Triad Pro Innovators, said, “As a true set-and-forget system, our SPREE solar-powered golf cart completely changes the game. The typical operator may seldom have the need to recharge their carts, will never have to think about battery replacements, and will gain major cost and emissions savings due to reduced maintenance, downtime, and dependence on the often dirty power delivered by our electrical grid.”
Triad Pro Innovators Enters into a Sales MOU to Provide Frontier Power Products 200 Patent Pending Electrical Storage Cells
Also, the company entered an MOU agreement with Frontier Power Products for Friontier to be a distribution partner. According to the agreement, Frontier will be the OEM and sales firm for the initial 50 portable gen-sets and lighting units. Additionally, the agreement bins Triad Pro Innovator and Frontier to discuss a continuing distribution agreement that grants Frontier exclusive distribution rights in Canada.
CEO of Triad Pro Innovators Murray Goldenberg stated that they are delighted to have Frontier on board as the OEM and future distributor.
Technical Data
TPII stock is trading below the 20-Day and 50-Day Moving averages of $0.0178 and $0.0188 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.0225. The company has a total market capitalization of $258K. The stock is down 16% over the past month.
