Mobile LADS CORP (OTCMKTS:MOBO) Stock Falls After Announcing Product Advisory Board
Mobile LADS CORP (OTCMKTS:MOBO) was down 8% after announcing Mr. Adam Tapp’s appointments as the Product Development Head. Tapp’s appointment is part of the Company’s move to establish a product advisory board to spearhead psychedelic products development for mental health issues.
Traders Corner
On Tuesday, MOBO stock slid 8% to $0.0920 with 10K shares, compared to its average volume of 18K shares. The stock moved within a range of $0.0920 – 0.0920 after opening trade at $0.0920.
MOBILE LADS CORP., Announces the Formation of a Product Advisory Board
As the Head of Product Development, Tapp will collaborate with the Company’s research associates to cultivate and create cutting-edge psychedelic drugs to assist in mental health issues treatment.
Interestingly, Tapp has been a medic in London, Ontario, for the past 18 years. He is completely conscious about the necessity for transformation in mental health problems treatment and the Company’s conceptions of medicinal psychedelics as a result of his experience in street-level medicines. The Company welcomes Tapp’s experience in psychedelic drugs and his awareness of the mental health trauma the drugs can cure.
Recently the Company submitted a Certificate of Amendment to change its name to Avail Scientific Inc., and the application is pending with Nevada State. So in the coming weeks, MOBO is worth watching.
Technical Data
MOBO stock is below the 10-Day and 50-Day Moving averages of $0.0930 and $0.0958 respectively. Moreover, the stock is trading below the 100-Day moving average of $0.1009.
