JZZ Technologies, Inc. (OTC Pink: JZZI) is engaged as a diversified technology company, which is focused on three key businesses: digital media, biotechnology, and human longevity & improved quality of life. Shares of the diversified technology holding company are skyrocketing 266% through early trading on Thursday, July 7, 2022. Over the past thirty days, JZZ Technologies has seen average daily volume of 1.14 million shares. However, volume of 109.55 million shares or dollar volume of around $712,075, has already exchanged hands through early trading.
Shares of JZZ Technologies are surging after the company announced it has received an order for its licensed proprietary database of 35 million email records to a major internet provider. The internet provider is a well-known private company that is based out of Philadelphia.
Under the terms of the order, JZZ Technologies will receive $4 per licensed record, but the company expects the rate to increase as the database is further qualified and provides meaningful metrics. JZZ’s email database is primary comprised of active individuals over the age of 55.
JZZ Technologies CEO, Charles Cardona, notes that other database companies are charging as much as $80 per record for the same type of data being provided. This highlights the growth potential the company can potentially achieve by leveraging its assets.
Charles Cardona, CEO of JZZ Technologies: “Our database is proving to be a very valuable asset that we intend to cultivate and grow into a major marketing opportunity for our company. This initial purchase by a major internet service provider confirms what we have always maintained about our audience; the seniors’ market is a vibrant and growing space that is highly valued. For large and successful companies, especially large tech firms, to overlook it would be a mistake.”
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