Accelerated Technologies Holding Corporation (OTCMKTS:ATHC) Stock Rockets After The News

Accelerated Technologies Holding Corporation (OTCMKTS:ATHC) stock closed sharply higher in the previous trading session.

Market Action

On Friday, ATHC stock soared 50% at $0.75 with more than 1.47K shares, compared to its average volume of 2.2k shares. The stock has moved within a range of $0.4200 – 0.7500 after opening the trade at $0.42.              

Signs Definitive Strategic Reseller Agreement with Atlas MBA

Accelerated Technologies Holding Corporation (OTCMKTS:ATHC) that specializes in FinTech business services has just announced that they have entered into a Strategic Partnership Agreement with Atlas MBA Family of Companies. This agreement has been signed with the sole purpose of reaching SMB’s nationwide.

The agreement between Accelerated Technologies and Atlas MBA provides an opportunity for the former to deploy disruptive FinTech solutions to local merchants operating in retail, online and mobile environments. The SMB’s will be able to automate and digitize workflows, while engaging micro marketing tactics for merchant revenue growth. Accelerated Technologies provides merchants with payment solutions, marketing solutions, point of sale solutions, digital media and alternative financing at more affordable rates.

On the other hand, Atlas MBA is to be involved in reselling products and services of Accelerated Technologies and its affiliates. They intend to introduce the offerings of Accelerated Technologies to its portfolio of around 2200 local merchants on a nationwide basis. Moreover, 60 of Atlas MBA’s fulltime employees and independent agents have already started training, and are set to introduce ROMPOS (Retail Online Mobile Process Optimization Solutions) to prospective clients as phase 1 of the roll out.

Harry Falkenburg, Director of Risk and Capital Markets, looks forward to the collaboration with Atlas MBA, while Accelerated Technologies strives to pursue strategic partnerships and acquisitions to boost market share for their disruptive FinTech offerings, shareholder value, and market awareness.

Key Quote

“We are pleased to engage with Atlas MBA. Accelerated Technologies Holding Corporation will continue to pursue strategic partnerships and acquisitions in our efforts to increase market share for our innovative and disruptive FinTech offerings, market awareness and shareholder value”. Said Harry Falkenburg, Director of Risk and Capital Markets.

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