Shares of Sefe Incorporated (OTC: SEFE) rose sharply on Monday. The stock finished 12.06% higher at $2.23 on above average volume, touching an intra-day high of $2.30.
Sefe Incorporated, on Monday, introduced a summary of its tether contact system and its role in the company’s flagship Harmony III product. The tether system, which has been designed to minimize electrical path length on the power tether, uses a proprietary mechanism to complete the power circuit, removing the unused power tether from the path.
Mike Hurowitz, Director of Engineering at Sefe Incorporated, said on Monday that the most oft-asked questions about the design of SEFE’s system are safety and efficacy and this component of the system is one of the several inventions geared towards addressing both of those issues in order to improve the product as a whole.
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