Global Fiber Springs on Hiring Solid Company to Manage Investments

Global Fiber Springs on Hiring Solid Company to Manage Investments

By: Dylan Sikes – AllPennyStocks.com News

Thursday, October 31, 2019

Sometimes, the sign of a very effective company or individual lies in being able to ask for help. Global Fiber Technologies, Inc. (OTC:GFTX), the New Jersey based “textile fiber” technology company announced Thursday it is doing just that by bringing California-based International Monetary (“IM”) to develop and manage a comprehensive investor relations program and finance initiative.

Founded in 1997, IM focuses on turnaround situations and rapidly growing small companies, specializing in debt/equity financing of under $1 billion.

Said President Chris Giordano, “We are about to begin an aggressive roll-out of the Authentic Heroes products starting in the next few weeks. In addition, we are receiving tremendous interest for our ECOTEK360 sustainability platform by some of the world’s largest brands and textile companies.” 

GFTX gained half a cent, or 9.1%, to six cents early Thursday afternoon, on volume of 92,000 shares.


Copyright © 2019 AllPennyStocks.com. All rights reserved. Republication or redistribution of AllPennyStocks.com's content is expressly prohibited without the prior written consent of AllPennyStocks.com. AllPennyStocks.com shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon

Other Penny Stock Movers

Shares of Biopharma Up After News of Uplisting
Fed’s Preferred Inflation Measure Cements Higher for Longer
Expansion into Taiwan Markets Is Helping Shares of this Blockchain Firm
Most Popular
FREE Newsletter


Back to Top