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OTCMarkets UPDATE: Kraken Robotics, nFusz and more

Last updated: 16:35 01 May 2018 BST, First published: 15:50 01 May 2018 BST

Kraken
The marine tech company's shares jumped in Tuesday trading

The OTCMarkets were down across the board on Tuesday, with both the OTCQB and the OTCQX falling.

Medibio Ltd (OTCQB:MDBIF, OTCMKTS:MDBIF) launched a mental health platform that can be used by companies to check in on the well-being of its employees, citing the effect it can have on productivity. Medibio Inform, the app-based product, utilizes traditional and biometric factors to confidentially assess the mental health of an employee. Shares of the company were up more than 3% to US$0.15.

NuLegacy Gold Corporation (OTCQX:NULGF, OTCMKTS:NULGF) shares fell more than 7% to US$0.13 following the announcement that its Chief Geoscience Officer Dr. Roger Steininger will retire. The Nevada-based company explores gold deposits on its Red Hill project.

Shares of Kraken Robotics Inc (TSX-V:PNG) (OTCQB:KRKNF, OTCMKTS:KRKNF), a Newfoundland-based marine technology company, jumped 8% to US$0.12 after it announced its fiscal fourth-quarter results. The company reported 2017 revenue of US$3.5mln compared with US$2.2mln in the previous year. The company set a target of US$7mln for 2018, looking to double its revenue.

nFusz Inc (OTCQB:FUSZ, OTCMKTS:FUSZ) shares jumped more than 12% to US$1.73 following an announcement that it will become a member of the Marketo LaunchPoint Accelerate Ecosytem, an industry group for marketing technology. The California-based digital tech company offers interactive video marketing that will be integrated onto the Marketo’s Engagement Platform.

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