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Sibannac Inc (OTCMKTS:SNNC) Stock Sees Selling Pressure At Higher Level

Pete Matthews , , , ,

Shares of Sibannac Inc (OTCMKTS:SNNC) continued to trend lower on Monday.

Market Reaction:

On Monday, SNNC stock fell 17% at $0.14 with more than 115k shares, compared to its average volume of 148k shares. The stock has moved within a range of $0.1210 – 0.1900 after opening the trade at $0.19.

Sibannac, inc. And Noho, Inc. Announce The Hire Of Eric Manfull As Director Of Operations & Logistics

Nevada-based corporation, Sibannac Inc (OTCMKTS:SNNC), and Wyoming base corporation, NOHO, announced on October 26, 2021 hiring of Eric Manfull as Director of Operations and Logistics. Manfull has experience in designing, building as well as operating manufacturing facilities in the consumer packaged goods industry. His credentials include graduation from W.P. Carey School at Arizona State University, earning an MBA, and having since served in C-Level leadership roles with contract manufacturing firms in Phoenix and Scottsdale, Arizona.

The new Director has experience in managing warehousing, operations as well as Engineering for several manufacturing firms. Furthermore, he has been in charge of over 6,000 dietary supplement products and formulating 100 plus products.

With over two decades of experience in the U.S Navy, specializing in Maritime Engineering, Diving and Salvage, Diving Physics & Physiology, Surface Warfare & Naval Special Operations, he also has extensive experience at the Arabian Gulf.

Before this, Eric was responsible for developing manufacturing protocols for the firm’s  FDA-registered production facility in Scottsdale, Arizona.  David Mersky, CEO of Sibannac and NOHO said that Eric is an experienced and respected manufacturing executive in the dietary supplement space today.

Mersky added that Eric’s experience in designing multi-million-dollar facilities as well as fluency in the supply chain will help in driving efficiencies in operations. The CEO is of the view that the final piece to the core management group has been added with the induction of Eric.

Pete Matthews

Pete attended the University of Colorado and still calls the centennial state home. He chases trout in the summer and snowboards in the winter. He is fascinated with the markets and has a strong interest in nanocap stocks and crypto currency.