Home Financial Markets Penny Stocks Why Did The IJJP Stock Rise By 44%?

Why Did The IJJP Stock Rise By 44%?

The stock of IJJ Corp [OTCPink:IJJP] surged 44.44% to $0.0052 at the previous close. Volume for IJJ Corp stock was 134.16M versus the 30-day average of 25.98M. Value of IJJP stock remained in the range from $0.0001 to $0.0080 over the last 52 weeks. Since the IJJP stock rose without current news, there may be some reason to believe that recent developments will provide additional information about the IJJP.

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Recently, what has happened?

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Innovative and ambitious, IJJ Corporation offers investors and businesses access to projects and networking business services through a B2B private network. To offer the most comprehensive, innovative, turnkey solutions and management services to its clients, IJJP intends to continually develop and integrate services and products.

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The update of the IJJ Corporation business platform with support service categories is being self-funded internally.

A total of three business initiatives were funded by IJJP announced IJJP in March:

  • IJJP processed for reactivation of the Transfer Online account.
  • Applications for reinstatement to Current Status on OTCIQ.
  • Provide a funding and payment processing service for the eCommerce Exchange Trading Platform (eCETP).

A few updates on the IJJP’s plans were also provided:

  • A Transfer Agent agreement with Transfer Online was signed on March 12, 2021 to reactivate IJJ Corp services.
  • TA and IJJP worked together to get the stop sign removed from IJJP.
  • A reinstatement application was submitted to OTCIQ on March 15, 2021.
  • IJJP was being assessed for acceptance, which could take up to 2 weeks.
  • Funding for eCETP Donation Module development has been made available since March 18, 2021.
  • eCETP development contractors will be announced when an agreement is signed.

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Pass announcements:

Once it was decided to self-fund the Donation Contribution Platform requirements, IJJP postponed the IEO. Also the Exchange Module is functional; IJJP will conduct the IEO through eCETP. Ethereum token allocation for eCETP has been postponed until the Development Team and Steering Committee are in place.

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