In the last trading session, the stock price of Mediatechnics Corporation (OTCMKTS:MEDT) jumped more than 37% to close the day at $0.00055. The gains came at a share volume of compared to average share volume of 4.02 million. Post the recent gains, the market cap of firm was noted at $1.36 million.
In the month of January, Mediatechnics reported that it has started the procedure of changing its name and has engaged a law firm to submit for the name change. With the name change, the company will also have a new ticker symbol. In the same press release, it was stated that the new name is expected to be reported soon in the imminent period, post completion of the trademark filing and copyright processes.
In addition, MaloneBailey LLP has started work on company’s PCAOB audit and post completion, they plan to submit to become a fully reporting firm under Section-12 of the Securities Act of 1933. The process had deferred their September 30, 2017 filing.
MEDT’s subsidiary firm BlazeNow Inc. has closed a rewrite of its website and app. The company project thrilling updates about BlazeNow in the near future. Also, the company’s website started with a full rewrite.
BlazeNow, which is a subsidiary of MediaTechnics, is set to become a pioneer in the way cannabis experts access delivery services, dispensaries, doctors and head shops, BlazeNow has launched the its BlazeNow™ app for use by cannabis consumers and business owners.
The app allows business owners to offer accurate and up to date data to consumers and offers a much-required advertising tool for small businesses. The consumer and product data that the company collect through its platform is valuable to different participants, including entrepreneurs, investors, policymakers, advertisers and more. By providing a premium customer service and quality product at an affordable price they are positioned to be a vital part of this growing industry.