Following a key announcement from the company on Tuesday, the Hallmark Venture Group Inc. (OTC: HLLK) stock had come into focus among investors and gained momentum. Ahead of trading this morning, it could be a good time for investors to take a closer look into the announcement.
Financing Secured
New financing is almost always seen as a positive development by investors. Yesterday, the company announced through an 8K filing that it managed to secure initial bridge financing to the tune of $50000. It would allow Hallmark Venture Group to fuel its continued expansion in the realms of supporting machine learning progress, SEM (search engine marketing), and acquiring key talent.
Further Updates
However, that was not all. In the news release, the company also announced that it was excited to welcome its latest Board of Directors member in the form of Nick Cardosi. Hallmark Venture Group also revealed that its principal place of business had been changed to Las Vegas, Nevada. The change was made so that the company could have access to the market and generate growth.
Another key update in yesterday’s news release was about the company’s partnership with Creative Ventures Capital LTD. In that partnership, Creative Ventures would continue to deliver high-quality traffic to the Jubilee platform, and the revenue-sharing arrangements would be beneficial to both partners.
| +/- EMA(20) | 0.0015 (+6.67%) |
| +/- SMA(50) | 0.0012 (+33.33%) |
| +/- SMA(200) | 0.0008 (+100.00%) |
