Peak Comments on Recent Share Activity MONTREAL, QC / ACCESSWIRE / February 9, 2017 / Peak Positioning Technologies Inc. (CSE: PKK) ("Peak" or the "Company") today announced that management has been directed by IIROC to account for the sudden increase in recent share trading volume and price.
While there is no material information or pending transactions being withheld by management, there was a recent article published by NAI Interactive Ltd. and distributed to their large subscriber list that may have played a role in the recent increase in the trading of the Company's shares. The Q&A style article, which introduces the Company to a whole new audience of potential investors, is also available in the "Investor Relations" section of Peak's website at: https://peakpositioning.com/wp-content/uploads/2017/02/Feb-2016-Peak-CEO-QA-Interview.pdf.
Also noteworthy is the Company's January 2017 Monthly Progress Report, filed on the CSE's website and the news release of January 16, 2017 in which Peak mentions discussions with Fintech companies for potential solutions that could be brought to the Chinese credit industry. No agreement with any such Fintech company has been reached at this time.
Source: https://www.baystreet.ca/viewarticle.aspx?id=454774