California License Grant Sends Micro Cap Over +60%

California License Grant Sends Micro Cap Over +60%

By: Tomas Ronolski - AllPennyStocks.com News

Tuesday, May 10, 2022

A California-based healthcare company just announced that its green construction subsidiary, has been issued an official General Contractor's License by the State of California (License no. 1091210).This sent shares of the parent company, Eco Innovation Group, Inc. (OTCPK:ECOX) soaring on the news. 

Eco Innovation Group, Inc. is a socially responsible and sustainability-focused technology incubator devoted to the commercialization of select intellectual property that has the potential to achieve commercial success. The company’s value creation strategy is a strategic approach to environmental sustainability and seeks innovative socially responsible products and technologies with the potential to create globally important paradigm shifts in energy efficiency and environmental sustainability.

As previously mentioned, traders were extremely bullish on the news as shares of this micro cap shot up to $0.0037/share (+60.87%) at the session high. This move is a breath of fresh air for long term shareholders that have been riding this multi-month downtrend.


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