Sometimes, the sign of a very effective company or individual lies in being able to ask for help. Global Fiber Technologies, Inc. (OTC:GFTX), the New Jersey based "textile fiber" technology company announced Thursday it is doing just that by bringing California-based International Monetary ("IM") to develop and manage a comprehensive investor relations program and finance initiative.
Founded in 1997, IM focuses on turnaround situations and rapidly growing small companies, specializing in debt/equity financing of under $1 billion
Said President Chris Giordano, "We are about to begin an aggressive roll-out of the Authentic Heroes products starting in the next few weeks. In addition, we are receiving tremendous interest for our ECOTEK360 sustainability platform by some of the world’s largest brands and textile companies."
GFTX gained half a cent, or 9.1%, to six cents early Thursday afternoon, on volume of 92,000 shares.
