Is A Bounce Coming? Liquid Media Group Ltd (NASDAQ:YVR) Issues Corporate Update

Liquid Media Group Ltd (NASDAQ:YVR) is moving a sharply lower in the pre-open session on Thursday. The stock has fallen 60% over the past year.

Market Action

As of 11:35, YVR stock is down  by 7% to trade at $1.77 with more than 58K shares traded hands. Over the past year, the stock has been moving within a range of $1.2700 – 7.5000.

Liquid Media Provides Corporate Update

  • announced today that it has accepted the resignation of Daniel Cruz from his positions on the Board of Directors of Liquid and its affiliates. The Company wishes to thank Mr. Cruz for his years of dedicated services to the Company’s board, and will continue to work with Mr. Cruz on a consultancy basis going forward.
  • Further to its press release of March 31, 2021, the Company also announces the expiry of its letter of intent with CurrencyWorks Inc. The Company will continue to evaluate and review the possible paths available to it to use blockchain technology and tokenisation (of which NFTs are an element) to provide a novel and durable element of entertainment financing and monetization, and will provide updates in respect of same in the ordinary course.

Moving Averages

+/- EMA(20)2.27 (+9.69%)
+/- SMA(50)2.38 (+4.62%)
+/- SMA(200)2.60 (-4.23%)

Performances

5-DAY PERF.+5.51%
1-MONTH PERF.+13.70%
3-MONTH PERF.-14.43%
6-MONTH PERF.-24.77%
YTD PERF.-5.32%
1-YEAR PERF.+62.75%

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