Out of nowhere, BioLife Sciences (OTCM BLFE) is up 100% over the last month. The company that earlier this year announced that it was SEC approved for a Reg A offering.
Headquartered in Henderson, Nevada, BioLife Sciences is a commercialization accelerator, licensor and developer of innovative and disruptive technologies for the healthcare, beauty, food and beverage industry. The Company is currently undergoing a strategic review of its operations and is looking to leverage newer technologies in the copper-infused space.
The 30 day chart shows a 0.01 cent low and a 0.30 cent high. As of yesterday, the stock closed at 0.20 cents. BLFE has an average 10 day volume of 140,064 shares traded and a 52 week trading range of 0.0060 and 2.54. According to OTC Markets, as of Thursday 11.17.2022, the company had a market capitalization of $2,771,931
Earlier this month, BioLife Sciences, Inc (OTCM: BLFE) announced that it is seeking to retain an auditing and consulting services firm with specific expertise with SEC filings, to assist with the pursuit of becoming fully reporting with sights set on up-listing to the Over-the-Counter Quotation Bureau (βOTCQBβ).
In addition, last month, the company announced that it has entered into negotiations with Canadian Firm–Work In Motion towards the development and commercialization of custom-designed copper-infused bamboo gardening gloves for international distribution through Work In Motionβs extensive wholesale and distribution networks.
This recent news is inline with the company’s strategy of copper infused products as it mentions that once funded, the company will launch copper-infused fabric pots for gardening. It was also mentioned on a Twitter Spaces the company had with @TheOTCClub last month (see below)
Join us with $BLFE Sunday evening!
β πππ πππΎ πΎπ‘πͺπ (@TheOtcClub) October 22, 2022
Set a reminder for my upcoming Space! https://t.co/K14FjHn2S3
As of yesterday, the total float of the company had Outstanding Shares totaling 138,596,531, Restricted Shares totaling 39,753,146 and a total Unrestricted Share count of 98,843,385. Total authorized shares stand at 500,000,000
