KRTL Holding Group Inc (OTCMKTS:KRTL) Stock Corrects After The Recent Rally
KRTL Holding Group Inc (OTCMKTS:KRTL) is a company which is involved in the development of industry leading cross-over tradecraft and proprietary technology for a range of sectors. Yesterday it emerged that the company’s fully owned subsidiary unit KRTL International Corp had gone into an exclusive distribution agreement for the drink HuellaSingani from Bolivia.
Trading Data
On Thursday, KRTL stock fell 7.41% to $0.0150 with 3.77K shares, compared to its average volume 44.27K shares. The stock moved within a range of $0.0111 – 0.0150 after opening trade at $0.0111.
KRTL International Corp. to Bring Singani to US
The territories in which KRTL International would distribute the product include Mexico, Jamaica, Dominican Republic, United States, Columbia and Canada. The drink is a Bolivian spirit that is distilled from white muscat of the Alexandria grapes which are grown at higher altitudes in Bolivia.
As a matter of fact, it is the national distilled spirit of Bolivia and commands cultural importance. Additionally, Huella is also the first company in Bolivia to have managed to infuse non-psychoactive extract of the coco leaves into the drink. Research suggests that coco extracts could have a range of health benefits starting from improvement in cognitive functions to reduction in inflammation.
KRTL is seeking to distribute the product in the United States through its own network and specific partners of the company are going to be focussed on particular regions. The product is going to be initially launched by the company in California.
