A diversified small cap announced today that the Ligand has achieved significant breakthroughs in its development of the latest prototype of the LifeAir G1 portable ventilator. Shares of Forwardly, Inc. (OTCPK:FORW) rallied on the news as ventilators could face increasing demand as the COVID-19 Delta Variant continues its spread.
Forwardly is an opportunity investor seeking to finance fresh ideas. Currently, the company owns 33% of Ligand Innovation Global, Inc. a developer of portable ventilators. The company also has investments/interests in Maverick Energy Group, Ltd. and HUMBL, Inc.
Traders were bullish on the news as shares hit a session-high of $0.138/share (+25.45%) following the announcement. This move is a breath of fresh air for long-term holders that have been holding during this downtrend over the last few months.
