MultiCorp International Inc. (OTCMKTS:MCIC) focuses on both identifying and acquiring firms that are involved in growth in a variety of medical sectors. It has collaborated with several global supply chains for the much-needed PPE, medicines, vaccines, and pharmacological products that can help patients stay safe and live healthier lives. The goal is to minimize the costs of products with existing supply chains while ramping up on sales contracts by detecting new networks of customers.
Trading Data
On Friday, MCIC stock soared 47.62% to $0.0031 with 204K shares, compared to its average volume of 294K shares. The stock moved within a range of $0.0022 – 0.0031 after opening trade at $0.0028.
MultiCorp International, Inc., announced today the availability of on-demand products on a subscription basis.
MultiCorp International, Inc. announced the availability of on-demand products on a subscription basis, on July 22, 2022. Mr. Ben Friedman, President and acting CEO, commented that the company’s e-commerce store is consistently working towards strengthening customer confidence by making products available on a subscription basis. This type of model ensures that customers get access to products at discounted rates and at prefixed intervals that provide a predictable revenue stream for the company.
A statement was also released that spoke about MultiCorp ensuring continuous availability of products on-demand, such as test kits with direct collaboration with the manufacturer. The products are available in the form of single quantity retail purchases, on a subscription basis, and in large quantities at competitive prices. Customers get the flexibility to choose the interval as weekly or monthly for the subscription.
Multicorp International Inc, Launches e-Commerce Site
On July 7, 2022, the company launched its new e-commerce store for the products highly in demand at https://mcic-estore.com/. The store was pitched as a direct-to-customer channel, aimed at both businesses and individual customers.
Mr. Ben Friedman had said that the e-commerce store would have products that are in demand at all times. The MultiCorp branding ensures continuous supply to meet the demand. It reflects how the company is moving towards more sustainable revenue streams in sectors that have shown continued growth, now and in the future. It also demonstrates shows their commitment to delivering a clear message to the world.
Technical Data
MCIC stock is trading below the 20-Day and 50-Day Moving averages of $0.0031 and $0.0034 respectively. However, the stock is trading below the 200-Day moving average of $0.0057. The company has a total market capitalization of $4 million. The stock is up 33% over the past month.
