Peak Positioning Technologies Inc. (
CSE: PKK,
OTCQB: PKKFF,
Forum) announced today that its subsidiary, Asia Synergy Technologies “AST”), has reached $50 million (CAD) in revenue for 2016. This comes after less than four months of operations.
AST has reached this milestone via its processing of approximately $25 million (CAD) worth f plastic-based raw materials and copper orders. These orders were placed through the Company’s Gold River platform during the months of October and November. Originally launched on a limited level, AST is reporting that more clients are being registered on the platform as they begin to understand its value-added capabilities with respect to financial services. Further information can be found
here.
Peak Positioning was recently in the news earlier this month when it
announced an agreement with NAI Interactive.
The Company has 415 million shares outstanding and a market cap of $17.2 million.
FULL DISCLOSURE: Peak Positioning Technologies Inc. is a paid client of Stockhouse Publishing.