Triad Pro Innovators Inc. (OTCMKTS:TPII) Stock Corrects From The Peak: Here is Why

Triad Pro Innovators Inc. (OTCMKTS:TPII) fell 11%. The company has announced that Frontier Power Products will give a private demo of the EEL Diesel Hybrid Genset for its customers.

Market Action:

On Thursday, TPII stock fell 11.04% at $0.0266 with more than 961.42K shares, compared to its average volume of 1.17 million shares. The stock has moved within a range of $0.0260 – 0.0352 after opening the trade at $0.0298.

TPII and Frontier Power Products to Conduct Private Demonstrations of the Triad EEL, Diesel Hybrid Genset

The demos will commence on November 9, 2021, in British Columbia, Vancouver, and continue in Edmonton, Calgary, and Fort McMurray through November 20, 2021. The advanced tech created by Triad Pro Innovators has been designed for off-grid remote industrial apps. Most importantly, the “Diesel Hybrid Genset” will significantly reduce consumption, yearly maintenance and operate autonomously in cold regions.  Frontier’s clients work in remote places where conditions are demanding.

Frontier Power Products VP Gary Potter said that the industry needs an EEL Diesel Hybrid Genset tech with a positive demo of what it can do, showing a huge change to Triad Pro EEL Diesel Hybrid Genset from legacy storage and power generation tech. Potter said that the company supplies and maintains several gensets across the area. So, TPII is worth keeping an eye on in the coming weeks.

Key Quote:

“The industry is in desperate need of the EEL Diesel Hybrid Genset technology and with a positive demonstration of its capabilities, we see a significant shift from the legacy power generation and storage technology to the Triad Pro EEL Diesel Hybrid Genset”, said Gary Potter V.P of Frontier Power Products. He continued, “Frontier sells and maintains thousands of gensets throughout the area. Fuel consumption, cold weather reliability and high maintenance costs are the industry’s leading concerns”.

Traders Note:

TPII stock is trading below the 20-Day and 50-Day Moving averages of $0.0233 and $0.0339 respectively. Moreover, the stock is trading below 200-Day moving average of $0.0868. The stock is down 47% in the past 3-month.