XTM Inc (OTCMKTS:XTMIF) Stock Gains Momentum After a Key Update

Financial technology company XTM Inc (OTCMKTS:XTMIF), which is based out of Toronto and Miami, is involved in the creation of disruptive payment innovations and mobile solutions meant specifically for the service industries.

Trading Data

On Thursday, XTMIF stock increased 6.46% to $0.1170 with more than 100 shares, compared to volume of 31.78K shares. The stock moved within a range of $0.1170 – 0.1170 after opening trade at $0.1170.

XTM Partners with CloudMD to Offer Virtual Health Care Including Mental Health Support to its Today Program™ for Service Workers

The company announced yesterday that it had completed a partnership agreement with CloudMD Software & Services Inc, which is a virtual health care provider. The will enable XTM to provide health care and mental health support on demand to the 200000 members of the Today Program. The company provided the notification of the same to employees yesterday through an internal message.

Once the message went out, there were opt-ins from as many as 70 locations that represented around 5000 service workers. Individual workers would also have the opportunity to opt-in directly by way of the Today Financial app.

Marilyn Schaffer, who is the Chief Executive Officer of the company, spoke about the development as well and noted that the company was committed to helping with the inspiration of those working in the service industries. She went on to note that the financial wellness of any individual was closely linked to the mental and physical wellness of the said individual.

Ian Leigh

Ian Leigh is a specialist in analyzing stocks, SEC and OTC filings, and financials of public and privately-held companies. He has played a significant role in M&A activity, consulting with publicly-held firms on acquisitions and divestitures. He also consults on valuations and branding. He lectures at major universities and teaches at specialty financial schools.