GME Innotainment Inc. (OTCMKTS:GMEV) Stock Continues to Trend Lower: Down 17% In a Week

GME Innotainment Inc. (OTCMKTS:GMEV) dropped 12%, but the stock is up 17% in a week. The company holds essential licenses like the production license of a unique patented stationary and mobile water infiltration system designed for emergency response and permanent filtration solutions where drinkable water is inaccessible for organizations, companies, and governmental bodies.

Market Stats

On Tuesday, GMEV stock slumped 12.50% to $0.0003 with more than 186.35 million shares, compared to its average volume of 94.85 million shares. The stock moved within a range of $0.0003 – 0.0005 after opening trading at $0.0004.

GME Innotainment, Inc: Holds Licenses to Produce a Unique Patented Mobile and Stationary Water Filtration System

The self-powered and self-contained water filtration equipment may be transported to a location and create drinking-quality water from surface and fresh waters, floodwaters, and desalinating ocean or brackish waters in less than 30 minutes.

The 30,000 gallons per day technology has also got a ton of use in recognized contaminated water supplies whereby water clarity, waterborne infection, and excessive bacteria load exist, and where portable, self-contained devices can supply clean water to the people anywhere, they are. In addition, the system can deliver water in huge volumes, by container or in half-liter carrier containers depending on the situation. So GMEV is worth watching in the coming weeks. 

Traders Corner

BRGO stock is below the 20-Day and 50-Day Moving averages of $0.0015 and $0.0016 respectively. The stock is trading in the neutral zone with the RSI at 45.