One of the stocks to have been in heavy action on Wednesday was that of Viper Networks Inc (OTC: VPER) on the back of a major announcement from the company. Following the announcement, the stock soared by as high as 65%.
The company announced yesterday that it signed a joint venture agreement with BIET Technologies Group. The joint venture formed by the two companies is going to be engaged in deploying renewable energy power projects in different countries.
The countries in which the projects are going to be formed include Malawi, United States, Malawi, and South Africa. The company further announced that the power projects that it is going to commission are going to generate power between 50 MW to 100 MW. The license permits that have been gathered by the company are valued at $150 million. The joint venture is an important milestone for the company and it now remains to be seen if the stock can rally further.
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Living in the era of dynamic tech change Alex decided to stay tuned in changes that make any person find comfort and adapt to new devices. Furthermore, gaming became his passion for spending leisure time with his close ones. Although, he has a degree in Business Administration (majoring in Finance) writing for technology and as well as finance has been one of the precious aspects of his life