Dually-Listed Micro Cap Up Big On Major Announcement

Dually-Listed Micro Cap Up Big On Major Announcement

By: Dylan Sikes – AllPennyStocks.com News

Tuesday, May 23, 2023

A Vancouver-based micro cap captured the attention of the masses on Tuesday after the company announced the development of a slate of new intellectual properties for its platform, including a global publishing partnership with Genius Brands International Inc. (NASDAQ:GNUS) for select IP, as well as a new AI-Integrated Living Book based on George Orwell’s renowned novel Animal Farm, according to the release.

Shares of Legible Inc. (CSE:READ) (OTCQB:LEBGF) rallied strongly on the news, as shares trading on the Canadian Securities Exchange (CSE) quickly climbed up to $0.11/share (+22.22%) at the early session high. This move was a breath of fresh air for those who have been holding shares since the peak of late last year.

Legible Inc is a book entertainment and media company. Legible has developed two high-value verticals; firstly, a browser first accessible B2C eBook entertainment platform for the emerging web with high-growth potential called legible.com - an eBook entertainment platform delivering beautiful, accessible & immersive reading for next-generation readers; and secondly, a B2B eBook conversion and production service with high-revenue potential called Legible Publishing.

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