Substantial YoY Growth Lead To This Stock Ripping - InvestingChannel

Substantial YoY Growth Lead To This Stock Ripping

An Arizona-based micro cap just announced it has filed its Condense Unaudited Financial & Disclosure Statements with OTC Markets for the full year 2020, reporting its highest gross quarterly and annual revenue since the Company’s merger in 2018. No Borders Inc. (OTC:NBDR) saw its shares rip following the announcement as the company reported massive year over year growth ending 2020 with $8.9 million in revenue.

No Borders is a multi-faceted boutique brand developing and marketing business focusing on impacting verticals with software through product development, deployment, branding, program management, social media strategy, and business consulting. The company, through its subsidiaries, generates revenues and value growth by developing, acquiring, and delivering technology enabled solutions to clients around the globe. It focuses on deploying marketing, consulting, e-commerce, technology development, and software products in verticals whose existing market participants are behind the curve of technological adoption, creating outsized disruption and profitability opportunities.

Traders were unsurprisingly bullish on the news as shares got up to a mid-afternoon high of $0.024/share (+71.42%) following the announcement. This move is a strong upward breakout from the trading range it has been in for months.