Cantech Holdings Inc. (OTCMKTS:BSSP) jumped 31% after the company announced the completion of preparation of the filing of its current up-listing with OTC markets to pink sheet current. Already documentation that includes a financial statement as well as necessary legal opinion has been finalized, with all fees paid as per the OTC Markets requirements. Once permitted by the OTCIQ system, Cantech’s filling will be uploaded immediately in readiness for the expected up-listing approval.
Recently the company updated its OTCIQ system corporate profile and has already filed for transfer agent verification. In addition, the company is currently in engagement with various companies on the possibility of a merger or acquisition. Cantech will offer updates to shareholders regarding any progress as it seeks to establish itself as one of the most diversified holding companies.
The company engages in ground-breaking technologies development in the pharmaceutical and medical industries. It is planning to focus on acquiring assets with strong growth potential to diversify and enhance shareholder value. In the coming months, BSSP is a stock to watch.
Market Reaction:
On Wednesday, BSSP stock surged 31% to $0.0024 with more than 940.25 million shares, compared to its average volume of 178.37 million shares. The stock has moved within a range of $0.0015 – 0.0032 after opening the trade at $0.0018. Over the past 52-week, the stock has been trading within a range of $0.0000 – 0.0053.