Maison Luxe Inc (OTC US: MASN) announces additional $250,000 Purchase Order from Signet International Group (STRY,VVNT,SMMT,WORX,VTGN)
U.S. Treasury yields fell slightly on Tuesday, giving back some of the gains seen in the previous session sparked by economic data that suggested the Federal Reserve may need to hike rates for longer.
Some of the top gainers pre-market Tuesday morning include Starry Group Holdings Inc (NYSE:STRY), Summit Therapeutics Inc (NASDAQ:SMMT), Vivint Smart Home Inc (NYSE:VVNT), VistaGen Therapeutics Inc (NASDAQ:VTGN) and SCWorx Corp (NASDAQ:WORX).
One small that we would like to draw your attention to is Maison Luxe, Inc (OTC US:MASN). As per yahoo finance, MASN is an emerging leader in the global custom luxury goods marketplace. The company today announced a new purchase order agreement with Signet International Group, a leading player in marketing and distributing luxury branded products, whereby Maison Luxe will partner with Signet in the sale and distribution of another $250,000 in luxury timepieces.
Anil Idnani, CEO and Founder of Maison Luxe, commented, “We continue to find tremendous value in our affiliation with Signet. Signet is an important player in the cruise ship travel industry and has strong relationships with cruise partners such as Princess Cruises and Harding. Signet has been a powerful partner and a consistent source of revenues for Maison Luxe. Relationships like this one provide a key piece of the puzzle as we strive to build a strong mix of sales channels going forward.”
The Agreement follows prior purchase orders agreements reached over the past two years between the Company and Signet. According to the Agreement, Maison Luxe will provide purchase financing for Signet, which will confer to Maison Luxe’s bottom line sales through Signet’s established end market relationships.
MASN stock is trading at a mere $0.004 with a 52-week high of 15 cents suggesting a significant upside potential. With all the recent developments and increases in revenues could this stock turn out to be a sleeping giant ready to be awakened?. Start your due diligence now and as always follow traders’ vigilance.
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