The OTCMarkets were down across the board Wednesday afternoon.
Shares of Corp (OTCQX:IGAMF) sunk 22% in afternoon trading after disappointing fourth-quarter results. The Vancouver-based company owns and operates 2,700 slot machines in Oklahoma and Texas casinos. Revenue increased 1% to US$4.1mln compared to US$4.0mln in the same quarter last year. The company changed CEOs earlier this month and changed its name to Integrity Gaming Corp at the beginning of 2018.
Galaxy Gaming Inc (OTCQB:GLXZ) shares jumped more than 17% after announcing a complete debt refinancing. The company develops, manufactures, and distributes casino table games. The credit agreements allows for US$12mln in borrowing capacity, with US$11mln via a five-year loan and US$1mln in a one-year revolving credit facility. The company also announced a stock buyback of up to US$1mln worth of shares.
Biotech company Bioscience Corp (OTCQX:LXRP) shares are up more than 3% after announcing a licensing agreement with California cannabis beverage maker GP Holdings LLC. The Vancouver-based company is providing its patented DehydraTECH technology that allows for high absorption of cannabis.
, Inc (OTCQB:KAYS) has opened its fourth legal marijuana dispensary in Oregon. Located in a strip mall alongside fast food chains like Popeye’s and Carl’s Jr., the stores sell a variety of cannabis and cannabis-infused products like blood orange white chocolate bars and body care products like pain relief topical oils. The stores also offer home delivery of the products within Salem, Oregon. Shares were up 5.7% in afternoon trading.
