Cabo Verde Capital Inc. (OTCMKTS:CAPV) Stock Falls Again: Down 15% in a Week

Cabo Verde Capital Inc. (OTCMKTS:CAPV) stock continued to trend lower on Tuesday and now down 15% in a week.

Market Reaction

On Tuesday, CAPV stock went down 5.88% to $0.0800 with 63.6k shares, compared to its average volume of 277K shares. The stock has moved within a range of $0.0720 – 0.0850 after opening trade at $0.080.

Cabo Verde Capital, Inc. Appoints New Director and Broadens Opportunities

Cabo Verde Capital Inc. (OTCMKTS:CAPV) welcomed Curt Huber to the Board of Directors.

Huber, an independent corporate and financial consultant, has been engaged in all facets of public companies for over three decades. Experienced director and senior officer, he has also been part of public companies in many different sectors, including hemp, mining, oil and gas and technology.

Huber has also given investor relations, raising financing in public markets and gave corporate awareness for the various firms. President and Director of Global Hemp Group Inc. since 2014, he was President and Director of Chimata Gold Corp, Orofino Minerals Inc, Director of Maxtech Ventures Inc as well as Director of AAN Ventures Inc.

John Duggan, President and Chairman of the Company said that it is a pleasure to welcome Curt Huber to its Board of Directors as he has extensive experience valuable to the Brand.

On October 20, 2021, the firm issued 51,617,647 shares to JSB Investments Ltd, current holder of convertible debenture issued in 2012 to Robert Rosner.

Huber is owner of JSB Investments Ltd and the issuance results in JSB Investments Ltdbecoming largest shareholder of the firm, having 49.3% of issued and outstanding common stock.

The company is also looking to expand its opportunities in media and entertainment industry,

Admin

Leave a Reply

Your email address will not be published. Required fields are marked *