A Chicago-based tech company just announced this morning that its flagship software technology, DeskFlex desk booking software, will introduce Metaverse Virtual Office with low-cost VR headsets (under $100.00), updated software apps and complementary hardware solutions, according to a release. As many of you likely know, anything surrounding the Metaverse tends to grab traders’ attention as that is seen as the next frontier by many groups. Shares of Epazz Inc. (OTCPK:EPAZ) quickly shot up following Wednesday’s open.
Epazz is an enterprise-wide cloud software company. It specializes in providing customized web applications to the corporate world, higher education institutions, and the public sector. Epazz has developed a web portal operating system name as BoxesOS, which creates virtual communities for enhanced communication, provide information and content for decision-making, and create a secure marketplace for any type of commerce all through the medium of the Internet. The company designs and sells various software programs to business enterprises such as hospitals, pet stores, and Government and post-secondary institutions.
As mentioned, traders rapidly snatched up shares of this micro cap as we saw early session highs of $0.167/share (+40.34%) within the first 10 minutes of market action. This move and announcement comes immediately after the stock found support following a sharp rally earlier this month.