Genuine Marketing Group Inc. (OTC: GMGZ) Reveals Patent Pending Status and Registered Trademark for ZPTAG®: Stock Jumps
The markets may be a touch volatile at the moment, but there are some stocks that may get significant attention from investors regardless, and one of those may be the Genuine Marketing Group Inc. (OTC: GMGZ) stock. As it happens, the company came into focus in a big way on Tuesday after it made an announcement about ZPTAG.
Major Update
Genuine Marketing Group announced that it had successfully filed a patent for ZPTAG, its product authentication and innovative compliance technology platform. In the news release, the company announced that the patent-pending technology had been built for the purpose of serving supply chain logistics and brands as well as consumers all over the world.
Key Details
It was further noted that the platform used the power of smart contracts of blockchain for authentication of the products as well as their tracing from the origin through to the end consumer and then on to interactions at the post-purchase phase. The latest move was in line with the move from Genuine Marketing Group to register ZPTAG as a trademark with the United States Patent and Trademark Office in order to make it unique and protected. It may be a good time to add the stock to your watch lists.
Key Quote
“We are thrilled to announce what we hope to be the first of many patent efforts for GMGZ, demonstrating our commitment to our industry stakeholders/customers and consumer protection worldwide,” said Charles Chastain, CEO at Genuine Marketing Group Inc. “The ZPTAG® patent-pending status and registered trademark signify what we know to be a unique combination of data-driven supply chain transparency, consumer engagement, and brand marketing solutions.”
| Period | Moving Average | Price Change | Percent Change | Average Volume |
|---|---|---|---|---|
| 5-Day | 0.3660 | +0.2201 | +135.53% | 4,120 |
| 20-Day | 0.3941 | -0.1275 | -25.00% | 3,720 |
| 50-Day | 0.3932 | -0.0510 | -11.76% | 5,766 |
| 100-Day | 0.4473 | -0.2425 | -38.80% | 4,524 |
| 200-Day | N/A | N/A | N/A | N/A |
| Year-to-Date | 0.3784 | -0.0375 | -8.93% | 3,329 |