Triad Pro Innovators Inc (OTCMKTS:TPII) Stock In Focus After Recent Developments
Electricity storage is an industry that has gained in importance by leaps and bounds over the course of the past few years. Naturally, many investors are also interested in options in the sector and one of the companies that they can consider looking into at this point is Triad Pro Innovators Inc (OTCMKTS:TPII).
The company is best known for having managed to develop a device that can be used for the purpose of storing electricity in a range of circumstances. In addition to that, it ought to be noted that the device has been developed through the deployment of the company’s own software and hardware solutions. On the other hand, the capacity of electricity storage for the machine can only be limited by the network that supplies the electricity.
Now that you have a fair idea about the company and what it does, it may be a good time to take a look at some recent developments in order to make up your minds.
Plans for 2022
Back on January 24, the company come into focus after it provided an update with regards to its achievements in the previous year to its shareholders. In addition to that, Triad Pro Innovators also spoke about its plans for 2022. Murray Goldenberg, the Chief Executive Officer of the company, noted that 2021 was a ‘pivotal year’ and during the year, the management had put in place ‘pillars’ that could support its future growth.
The three aspects of the business that were strengthened during the year were finances, intellectual property, and product development. Goldenberg went on to state that the company had established a strong position from which it could propel further growth and added that it would become apparent in the coming six to twelve months.
Provides Crypto Mining Update – Engineering Work Commenced for One World Ventures, Inc.
Prior to that on December 16, 2021, the company had announced that it had signed a Memorandum of Understanding with the company One World Ventures Inc. Triad Pro Innovators is going to be involved in the engineering work related to the building of a crypto mining facility with a 100-megawatt capacity. At the time it was announced that the work had commenced.