CLStv Corp (OTCMKTS:WTKN) Stock Soars After Structure And Organization Changes

CLStv Corp (OTCMKTS:WTKN) was up 30% after announcing changes to its organization and structure.

Market Stats

On Thursday, WTKN stock soared 29.50% to $0.02549 with more than 17K shares, compared to its average volume of 16.5K shares. The stock moved within a range of $0.0259 – 0.0259 after opening trading at $0.0259.

CLStv Corp. Implementing Significant Programming and Senior Management Changes

The company has been making these changes since 2020. CEO Darryl Sanders said that the company had made considerable progress in growth in the last eleven months. In addition, Sanders said they had made significant changes to their leadership team and the type and quantity of content they offer. CLStv feels that these improvements in programming and leadership are just two of the many things that set us apart from our competition.

The CLStv streaming platform incorporating Apple iOS mobile, Roku, Amazon FireTV, Apple TV, Android TV, Android mobile,and a Custom Designed Web Application is one of the company’s other achievements. Sanders added that they are looking forward to keeping updating their audience as they launch original programming with more streaming shows. In addition, the company plans to make announcements in the coming weeks regarding new leadership appointments. So investors should watch WTKN.

Key Quote

“The past eleven months have seen tremendous progress in the growth of our company,” Darryl Sanders, CEO of CLStv Corp. said recently. “We’ve made significant additions to our executive staff as well as upgrades to the type and amount of content we provide. We believe these changes, both in leadership and programming, are among just two areas that differentiate us from our competitors.”

Traders Corner

WTKN stock is trading above the 20-Day and 50-Day Moving averages of $0.0161 and $0.0153 respectively. However, the stock is trading below the 200-Day moving average of $0.0850.

Pete Matthews

Pete attended the University of Colorado and still calls the centennial state home. He chases trout in the summer and snowboards in the winter. He is fascinated with the markets and has a strong interest in nanocap stocks and crypto currency.