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      Is This Why The WRFX Stock Rose Last Trading? - Stocks Telegraph

      By ST Staff

      Published on

      June 15, 2021

      9:48 AM UTC

      Is This Why The WRFX Stock Rose Last Trading? - Stocks Telegraph

      Astra Veda Corporation (OTC: WRFX) gained 15.00% to $0.0023 at yesterday’s close. Volumes for Astra stock were 91.08M versus its weekly average of 70.20M. WRFX stock increased when there was no current news, so there may be some grounds to believe that recent developments will provide more information about the WRFX.

      What has been happening recently at WRFX?

      Astra is a Wyoming-based company specializing in software applications, information security products, and technical innovation. The WRFX is a publicly-traded, multinational technology innovator, accelerator, and investment vehicle. By launching disruptive technology companies, WRFX delivers market success and extraordinary returns for its investors, employees, and business partners.

      Last month, Astra CEO Mick Davis announced a significant investment in a joint venture to manufacture Bullet Barrier Products.

      • Ballistic Barrier Products Inc. (BBP) will be in charge of developing, manufacturing and selling ballistic-resistant window and door coverings in order to satisfy the incredible demand in the market.
      • WRFX has identified a facility which is located within the heart of the textile industry in the south.
      • The facility benefits from close regional support in terms of materials, equipment, and skilled labor.
      • Within the next few months, BBP will be selling to residential and commercial customers as well as schools and government entities, both domestically and abroad.
      • Astra, Egres Enterprises, and Rift Management Inc. (RMI) are partners in the venture.
      • Astra focuses on co-founding technology companies and incubating them to success.

      WRFX’s role and strategy:

      Astra (WRFX) has invested in Bullet Barrier, its long-term strategy of developing products and services for the cyber security and life safety industries. Examples of this mindset include WRFX’s team in Finland, which has developed quantum computing resistant encryption as well as its Sayphr platform. As part of the new partnership, Astra will primarily be responsible for investing, controlling finances, and overseeing corporate governance.

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