Communication is an important ingredient for the success of a company in recent times since it leads to greater transparency. Hence, it was no surprise that the Enzolytics Inc (OTCMKTS:ENZC) stock surged by as much as 9% yesterday after the company announced that TEN Associates LLC has been appointed as its strategic communication firm.
TEN Associates is going to be involved in distributing important and meaningful information about the company to a wide range of recipients.
The information is going to disseminated to market makers, the media, the general public, brokerage firms and to individual brokerages as well. Over the course of the past few months, Enzolytics has announced the completion of a range of milestones. The company believes that with the appointment of a communication firm, it will be better able to tell its side of the story to a large audience. It now remains to be seen if the stock can hold on to its momentum today.