Fuss Brands Inc (OTCMKTS:FBDS) Stock Continues to Trend Lower

Fuss Brands Inc (OTCMKTS:FBDS) is involved in providing a range of innovative products to the general public. The company was in focus on Tuesday after it announced that it had signed a new manufacturing agreement and sales agreement not too long ago.

Trading Data

On Tuesday, FBDS stock slid 3.53% to $0.5500 with more than 1.93K shares, compared to volume of 354 shares. The stock moved within a range of $0.5500 – 1.1000 after opening trade at $0.8000.

Fuss Brands Corp. Announces Manufacturing and Sales Agreements, No Longer Defined as a Shell Company

The company also announced that additional signed agreements were also going to be in place in the near term. It was a major new development for the company since it was going to help it in further expanding its product offerings and help it in growing its business. The new agreements would further strengthen the company’s partnerships with its sales and manufacturing partners.

That, in turn, would help Fuss Brands to produce and distribute its innovative products to its global customer base much more effectively. There is now an increased demand for the company’s patent range of luggage products and these agreements would ensure that there is a steady supply of the products.

In addition to that, the company also announced yesterday that it no longer held the shell status and that was another significant development for Fuss Brands. The company noted that it would help it in building solid foundations for its future growth.