CO2 GRO Inc (OTCMKTS:BLONF) Stock Falls 20% In a Week: But Why

Shares of CO2 GRO Inc (OTCMKTS:BLONF) have been trending lower over the past week with a fall of 20%.

Market Reaction

On Wednesday , BLONF stock ended flat at $0.1365 with 5k shares, compared to its average volume of 17k shares. The stock has moved within a range of $0.1365 – 0.1365 after opening trade at $0.1365. 

CO2 GRO Inc. Announces the Corporate Website is Operational

Toronto-based CO2 GRO Inc (OTCMKTS:BLONF) on December 22, 2021, announced that the corporate website is operational and corporate email services are again functional.

The firm confirmed that the outage was because of a technical issue and no personal or corporate information was impacted. Furthermore, the investor relations email address is also functional and shareholders can contact investor relations at michael.oconnor@co2gro.ca.

The firm apologized for concerns shareholders may have witnessed due to the outage.

CO2 GRO’s proprietary CO2 Delivery Solutions technology is ensuring the transformation of the 600 billion square foot protected agriculture industry.

The company creates dissolved CO2 solutions allowing to augment plant yields by 30% and profits by 100%. Its solutions are protected by several patents as well as pending patents.

The global market for its disruptive solutions technology is 50 billion square feet of greenhouses as well as 550 billion square feet of protected agriculture facilities. Growers can ensure the maximization of profits and revenues with low variable and fixed costs. The company management is also foraying into international marketing partner relationships with Spain, Mexico, the EU, South Africa, the UK, Latin America, and southeast Asia besides North America.

Committed to Environment, Social, and Governance policy, and practices, CO2 GRO is an equal opportunity employer of opportunity.

Traders Review

BLONF stock is trading below the 20-Day and 200-Day Moving averages of $0.1579 and $0.2272 respectively. However, the stock is trading below the 50-Day moving average of $0.1832.

Admin

Leave a Reply

Your email address will not be published.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