Healixa Inc. (OTCMKTS:EMOR) Stock In Bearish Trend: Falls 23% In a Week
Healixa Inc. (OTCMKTS:EMOR) is down 23% in a week. The tech company that focuses on the acquisition and development of disruptive and innovative technologies for clean water, green tech, and health-tech sectors has announced the appointment of former US Rep Denver Riggleman to the Board of Directors. Riggleman was a US Rep for the fifth congressional district of Virginia.
Market Stats
On Wednesday, EMOR stock gained 0.07% to $0.7507 with more than 2k, compared to its average volume of 10k shares. The stock has moved within a range of $0.7507 – 0.8000 after opening trading at $0.80.
Appoints Rep. Denver Riggleman to the Board of Directors
He is a national security expert and a former Air Force officers and has been a successful entrepreneur who founded Silverback Distillery. Most importantly, he has been Analyst Warehouse CEO, which is a company that the National Security Agency contracted between 2007 and 2015.
Riggleman said that he is honored to be appointed to the Healixa Board. He said that Healixa has a DNA of serving others by creating technologies seeking to help others and preserve the environment. The former congressman explained that ethical engineering would be the future of the world. Healixa CEO said that they are delighted to appoint Riggleman to the Board as the company gets ready for the next phase on public markets. So, EMOR is worth watching.
Key Quote
Ian Parker, CEO of Healixa, added, “We’re excited to appoint Rep. Riggleman to our Board of Directors. As we prepare this Company to move to the next level in the public markets it is important that we continue to add diverse expertise and insight to our Board.” Parker continued, “Healixa highly values the broad range of experience that Rep. Riggleman brings to our Board. His experience in government, defense, national security, and executive management will be invaluable to our Company’s growth and development.” Parker added, “On behalf of the Board, I want to also express our gratitude to Matthew Dill who has concluded his service as an officer and valued Board Member of Healixa. Matt is not just a colleague, he is a friend and we wish Matt the best in future endeavors as we look forward to his continuing support.”
Traders Corner
EMOR stock is trading below the 20-Day and 200-Day Moving averages of $0.80 and $0.90 respectively. Key pivot supports are 0.6850, 0.7178, 0.7343 and resistances are 0.7836, 0.8164, 0.8329.
