Scryb Inc. (OTCMKTS:RYMDF) Stock Consolidates After The Recent Move

Scryb Inc. (OTCMKTS:RYMDF) is moving in a range after the applied intelligence company announced the appointment of Mr. Setu Kulkarni and Mr. Duncan Sparrell to the Cybeats strategic advisory board.

Market Stats

On Friday, RYMDF stock fell 7.67% to $0.1445 with more than 5.6K shares, compared to its average volume of 23K shares. The stock has moved within a range of $0.1360 – 0.1512 after opening trading at $0.0136.

Scryb Reports on the Appointments of Mr. Duncan Sparrell and Mr. Setu Kulkarni to its Cybeats Advisory Board

These appointments align with Scryb’s initiative of creating an advisory board for Cybersecurity sector leaders to assist in crucial commercial strategy aspects for Cybeats products collection. Kulkarni and Sparell will immediately join other Advisory Board members such as Chuck Brooks and Chris Black.

Sparell is a former AT&T Chief Security Architect and a highly accomplished leader in the cybersecurity sector with over 40 years of experience in software development, international standards, cybersecurity, and innovation in engineering.On the other hand, Kulkarni is a product management and corporate strategy executive with a successful record of working in the cybersecurity sector globally with lead roles at WhiteHat Security before its purchase by NTT Security.CEO Cybeats Yoav Raiter said they are delighted to have Duncan and Setu join their strategic board as they expand. So in the coming weeks, investors should watch RYMDF.

Key Quote

“We are very fortunate to have Setu and Duncan join our strategic advisory board as we look to aggressively expand our Cybeats platform reach in the sector,” said Yoav Raiter, CEO, Cybeats. “Both offer unique insights to cybersecurity and extensive backgrounds from working with the leaders of cyber security around the world. I expect them to be invaluable resources for the next phase of commercial growth and we all look forward to working with them in 2022.”

Traders Corner

RYMDF stock is above the 20-Day and 50-Day Moving averages of $0.1476 and $0.1602 respectively. The stock is trading in the neutral zone with the RSI at 40. 

Jon Williams

Jon graduated from the University of Michigan with a degree in finance. He is an avid investor and enjoys reporting on the markets. When he is not in front of a computer he enjoys playing golf and watching basketball.