Inform Worldwide Holdings, Inc. (IWWI.OB) shares advanced 21.05% on no news. Previously closing at $1.90, the stock opened at $1.70, but quickly rallied. Throughout the day the stock gained ground to close at $2.30 a share.
The company recently announced that it has formed a wholly owned subsidiary, Round Boy Oil & Gas, Inc. (RBOG), to hold all required licenses, permits, bonds and leases acquired for use in the company’s oil and gas projects. RBOG will also operate as the joint venture partner in any such oil and gas projects that require such a relationship.
Inform Worldwide Holdings, Inc. is a development stage company currently in the process of identifying, developing, and marketing global business opportunities with emphasis on natural resource development and servicing.
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