Sibannac Inc. (OTCMKTS:SNNC) Stock In Focus As Campus Co. Platform Showing Early Signs of Success
Shares of Sibannac Inc. (OTCMKTS:SNNC) have been trending lower over the past week with a fall of 20%.
Market Stats
On Friday, SNNC stock went down 8.9% to $0.0544 with more than 26.87K shares, compared to its average volume of 125.9K shares. The stock moved within a range of $0.0500 – 0.0590 after opening trading at $0.0590.
Sibannac Inc.’s Campus Co. Shows Promising Results that Point to Early Signs of Success
Nevada Corporation Sibannac, Inc. (OTCMKTS:SNNC) announced on March 18, 2022, that Eric Stoll has come aboard as the company’s Chief Marketing Officer and conceived and developed The Campus Co. platform. It is a community for startup companies, and also emerging brands in the Solutions Lifestyle category, with a focus on fitness and wellness.
Sibannac is presently involved in discussions with numerous companies to develop and bring their innovations to market. With the sleep market being valued over $400 billion worldwide, they are collaborating with SOMO, innovator of a patent pending sleep mask, integrating the use of the Yin-Tang pressure point into its wearable tech.
Sibannac is also developing a product designed around Kratom – a plant in the coffee family (native to southeastern Asian countries), which has a compound called Mitragynine, long used in eastern medicine for natural pain relief. The product is to be manufactured out of their FDA registered facility in Scottsdale.
Apart from that, certain wellness products through the Campus platform are under development, like a Copper1 Niacin product through its licensing agreement with the patent owner, Mitosynergy (has several U.S. patents for molecular compounds for bioavailable coppers, namely Cuprous Nicotinic Acid). The idea is to bring a product to market that will aid immunity.
Traders Corner
SNNC stock is trading below the 20-Day and 50-Day Moving averages of $0.0614 and $0.0707 respectively. However, the stock is trading above the 200-Day moving average of $0.1232.