Castellum Inc. (OTCMKTS:ONOV) Stock resumes Another Round Of Selling

Shares of Castellum Inc. (OTCMKTS:ONOV) closed lower in the previous session on unusual volume.

Market Stats

On Monday, ONOV stock decreased 7.32% to $0.1550 with more than 88.77k shares, compared to its average volume of 34.54k shares. The stock has moved within a range of $0.1520 – 0.1673 after opening trading at $0.1550.

Lieutenant General Bernard S. Champoux, U.S. Army, Retired, Joins Advisory Board on Castellum

Castellum, Inc. (OTCMKTS:ONOV) has announced that Lieutenant General, United States Army, Retired Bernard (Bernie) Champoux has officially joined the company’s Advisory Board.  There are numerous business leaders and senior cybersecurity/information technology (IT) executives with business, government, and technical expertise, on the Advisory Board, who significantly contribute towards the company’s growth.

Bernie Champoux joined Hanwha Defense in May 2017, where he formed and led the establishment of their US & Americas business for four years before moving to Government Relations in May 2021. He has also acted as a consultant for Lockheed Martin, L3Harris, CENTRA Technology, Analytical Services (ANSER), and the Defense Science Board.

He has served for almost four decades in the US Army commanding from platoon through field army in light, mechanized, and motorized Infantry, with multiple tours in the US Army Rangers and numerous operational deployments, including over three years in combat. Bernie is a founding Director at the Korea Defense Veterans Association, the National Defense Industrial Association, and Vice Chairman of the Korean War Veterans Memorial Foundation.

Mark Fuller, President, and CEO of Castellum, emphasizes that the Advisory Board plays an integral role when it comes to company growth, with their valuable contributions. Bernie’s outstanding leadership experience in the Army will be of immense help during their continued and sustained development.

Key Quote

“Castellum continues to focus on growth with an integral part of the growth stemming from access to an Advisory Board that provides meaningful contributions,” said Mark Fuller, President, and CEO of Castellum. “Bernie brings exceptional leadership experience in the Army and a multi-national company in the defense sector. This experience will foster our continued and sustained growth.”

Traders Corner

ONOV stock is trading below the 20-Day and 50-Day Moving averages of $0.17 and $0.19 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.22.

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.