Danavation Technologies Corp (OTCMKTS:DVNCF) Stock Continues to Trade in a Narrow Range

Shares of Danavation Technologies Corp (OTCMKTS:DVNCF) continues to trade in a narrow range after the recent gains.

Market Reaction

On Thursday, DVNCF stock ended flat at $0.3536 with more than 7K shares, compared to its average volume of 9k shares. The stock has moved within a range of $0.3535 – 0.3535 after opening the trade at $0.3535.

Confirms Installation of Digital Smart Labels™ into Additional True Value Hardware Location in California

Canada-based Internet of Things technology firm providing micro e-paper displays, Danavation Technologies Corp (OTCMKTS:DVNCF) on November 11, 2021, announced the second installation of its Digital Smart Labels for location within the True Value Hardware brand umbrella in Stockton, California.

The company has said that installation will begin in November 2021 and would be finished by end of the year. Danavation also confirmed on attending True Value’s Fall Reunion Show 2021 , a gathering of True Value retailers, vendors, and associates. The event is an opportunity to share details on game-changers of the future of the hardware wholesale industry.

John Ricci, CEO of Danavation, said that firm is keen on supporting locations under its True Value Hardware brand by outfitting another store with its Digital Smart Labels as well as platform-as-a-service solutions.

Ricci added that the installations are enabling building of US expansion efforts ensuring the store owners modernize location by removing manual processes for improving efficiencies, updating prices as well as freeing up staff time for focusing on enhancing sales and assisting customers.

True Value family locations are independently owned and are a part of the world’s leading wholesalers of hardline products. True Value carries significant product set including neighborhood hardware stores, lumberyards or even super-size home centers.

Key Quote

“We are very pleased to continue supporting locations under the True Value Hardware brand by outfitting another store with our Digital Smart LabelsTM and platform-as-a-service (PaaS) solution,” said John Ricci, CEO of Danavation. “In commencing this installation, we are further building on our US expansion efforts, enabling the owners of the store to modernize its location by eliminating cumbersome manual processes for updating prices, improving operational efficiencies and freeing up staff time to focus on assisting customers and enhancing sales.”

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