MEDIFIRST Solutions Inc. (OTCMKTS:MFST) jumped 37% following the appointment of Thomas Griffin as its CEO. For the past 25 years, Griffin has worked as an entrepreneur accumulating experience as a reputable investor and advisor in the finance, business development, and finance sectors.
Griffins said that he is enthusiastic about taking the role, and in the coming weeks, he will be looking ion how to move the company forward from its past into the future, where it will be profitable.
Also, the company recently announced the departure of some directors, the appointment of new officers, and the election of directors. Its CEO Bruce Schoengood who Mr. Griffins is replacing, had resigned as CEO and board member.
Mr. Griffins has also been selected as a company director, and MEDIFIRST will determine his compensation on some other date. Most importantly, Griffin didn’t have any ties to the company or relationship with an executive officer or director before his appointment. So, with a new CEO, MSFT is a stock to watch in the coming months.
Market Reaction:
On Tuesday, MFST stock soared 37% at $0.0022 with more than 114.93million shares, compared to its average volume of 28.17 million shares. The stock had moved within a range of $0.0015 – 0.0023 after opening the trade at $0.0016. Over the past 52-week, the stock has been trading within a range of $0.0001 – 0.0123.
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