Las Vegas, NV – Feb 12, 2015 – (Techsonian) –The mobile-connected wireless technology company Spiral Toys Inc (OTCBB:STOY) promulgated a partnership with C&C RFID, a near field communication (NFC) manufacturer that is a subsidiary of C&C Joint Printing Co. The partnership will focus on the research and development of new ways to use NFC technology in Spiral’s products, as well as the manufacturing of NFC chips for Spiral’s upcoming line of wireless-enabled stickers.
Spiral Toys Inc (OTCBB:STOY) decreased -19.93% settle at $0.700. Its total traded volume during last trading session was 220,555 shares. The overall market worth of this company is about $28.89 million. The 52 week range of the stock remained $0.20- $0.87, while its day’s lowest price was $0.65 and its hit its day’s highest price at $0.85.
Will STOY Get Buyers Even After The Recent Decline? Find Out Here
Ubiquity Inc (OTCBB:UBIQ) a technology development and licensing company that holds an extensive portfolio of patents across multiple technology market verticals, divulged that the Company has signed an agreement to acquire Coversant, Inc. (“Coversant”). Per terms of the acquisition, Coversant will merge into Ubiquity in exchange for 13,242,334 shares of Ubiquity’s common stock. Coversant’s CEO and board member, Dale Okuno, will join Ubiquity’s board of directors, and their management team will be integrated into Ubiquity’s existing corporate structure. Closing of the definitive agreement is subject to completion of due diligence by both parties and execution of other closing conditions. There is no guarantee that these matters will be completed and that the transaction will close.
Ubiquity Inc (OTCBB:UBIQ) reported the loss of -18.12% and closed at $0.565 with the total traded volume of 124,106 shares. Its market capitalization is $58.24 million. The stock has a 52-week high price of $10 and its 52-week low was recorded at $0.37.