In the past month the ClickStream Corp (OTCMKTS:CLIS) stock has been in the middle of a strong downward spiral and during that period, it has declined by as much as 35%.
The company is involved in the development of digital platforms and apps that are meant to play a disruptive role. There has been no news about the company in some weeks but back on August 10, ClickStream made a major announcement with regards to the HeyPal app, which is owned by is subsidiary company Nebula Software Corp. At the time the company announced that HeyPal had received more than 3500000 messages.
However, that was not all. The entirety of the day was perhaps far more impressive. There had also been 19,000 posts, 225,000 downloads, 158,000 likes and as many as 750,000 translations. In this context, it is necessary to point out that the HeyPal app had only been launched a bit over six months ago in the form of its beta version on the Apple App Store.
Hence, it is clear to see that despite being in the beta version, the app has managed to garner considerable usage. However, it now remains to be seen if there is any imminent rebound in the ClickStream stock.