One Chicago-based technology firm is seeing radical changes in the price and volume of its shares, on taking on new customers.
Epazz Inc. (OTC:EPAZ), which provides drone technology, blockchain mobile apps and cloud-based business software solutions, let the world know on Wednesday that one subsidary, ZenaPay Inc., has confirmed five preorders of patent-pending ZenaDrone Smart Farming Solution with GreenHeart CBD for Irish hemp farms.
What’s more, the company is forecasting sales to be over $600,000 for the first year in 2020. EPAZ also floats the argument that the drone technology will generate profits its first year. The profits will be reinvested back into the technology.
Last summer, the ZenaPay team beta tested its drone-mapping and plant-tracking solutions in Ireland with GreenHeart and Hemp Tech hemp farms. The beta test was a success, and ZenaPay signed up additional customers.
Shares screamed higher 33.9% by noon EST on Wednesday, to 1.56 cents, on volume of 1.3 million.