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Sharing Services Global Corp (OTCMKTS:SHRG) Stock Continues to Trend Lower

Pete Matthews , , , ,

One of the stocks that could well be worth keeping an eye on this morning is that of Sharing Services Global Corp (OTCMKTS:SHRG), which announced yesterday that it had launched a new product named Signal Pay. Sigma Pay is going to function as a full service payment processing company which would be an essential part of its newly launched Shared Services Platform.

Trading Data

On Wednesday, SHRG stock moved down 2.86% to $0.0068 with more than 93.75K shares, compared to volume of 677.84K shares. The stock moved within a range of $0.0065 – 0.0076 after opening trade at $0.0067.

Sharing Services Global Corporation Plans to Drive New Revenue Stream with Launch of SigmaPay, Its New Payment Processing Company

Sigma Pay is going to be involved in providing a full service payments processing service to enterprises which are involved in the direct selling industry. It was a major new announcement from the company and one that could bring the stock on to the radars of many investors. Payments is currently one of the hottest sectors.

Sigma Pay would deploy streamlined technology for the purpose of offering a cost effective and integrated payment processing service that would offer a range of services. Some of the services would include mobile transactions, point of sale, virtual and 3D secure fraud transactions. All of those services would be offered at a competitive rate to all the customers. The company seeks to offer premium enterprise solutions that take care of each and every aspect of a customer’s needs.

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.