Boatim Inc (OTCMKTS:BTIM) Stock falls After The Recent Jump

Shares of Boatim Inc (OTCMKTS:BTIM) ended lower on Wednesday following the recent jump.

Market Reaction

On Wednesday, BTIM stock ended lower by 9.10% to $0.30 with more than 18.55K shares, compared to its average volume of 22.67k shares. The stock has moved within a range of $0.3000 – 0.3000 after opening trade at $0.30.

Boatim Announces Fall 2021 SaaS Product Update

Leading provider of consumer-driven digital products as well as services for the recreational boating industry, Boatim Inc (OTCMKTS:BTIM) on December 1, 2021, announced new tools and upgrades to Boatim Enterprise Resource Planning Software-as-a-service for professional boat brokers and dealers.

The newest addition will make the company become more flexible in self-onboarding, give real-time metrics for listing, inventory, and sales funnels, enabling users to track listing trends and lead generation.

The company’s services are used by about 10% of the industry and result in generating leads and reducing the cost of selling a boat. The license subscriptions can be bought from Boatim after finishing the free 90-day trial period.

Boat Boosters enables both hobbyists as well as professionals to match their vessel with a potential buyer through its proprietary technology and can be bought individually or in bundles.

As its SaaS division continues to grow, Boat International’s marketplace continues to become bigger through new search functions, the user interface as well as filters for allowing fast access to the pertinent vessels.

The company is carrying on with and pre-order has moved ahead with 20,000 potential downloads in the first month since its CEO announcement of the upcoming app. The company filed Form 12b­25 asking for an extension to file its Form 10­K for the period ending August 31, 2021, recently.

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