Quanta Inc. (OTCMKTS:QNTA) Stock Falls 8% In a Week: What’s The Buzz?

Quanta Inc. (OTCMKTS:QNTA) fell 8% in a week. The company’s subsidiary Medolife Rx Inc. has announced its anticipated commercials release that features Tony Hawk, the product spokesperson.

Trading Data

On Thursday, QNTA stock ended flat at $0.0250 with more than 2.70 million shares, compared to its average volume of 2.59 million shares. The stock has moved within a range of $0.0225 – 0.0282 after opening the trade at $0.0260.

Medolife Rx Announces Upcoming Release of New Aelia Commercials Featuring Tony Hawk

This month, one commercial will air across numerous social media platforms, followed by a holiday-themed ad in early December. Still, shots from the photoshoot will be shared on social media channels as well. Tony Hawk, a well-known skateboarder, remains the company’s product ambassador for the Aelia line of pain treatment medications.

The company attended an in-person Vert Alert event in August, where it demonstrated its goods to Olympic and professional athletes from across the country and the general public. Medolife Rx and Tony Hawk are thrilled to release the new film, with the purpose of entertaining and educating people about the polarized components as a result of Medolife’s patented process, which boosts active ingredient’s potency by up to five times. CEO Arthur Mikaelian said they had a great time recording the commercial. So, in the months ahead, QNTA is a stock to watch.

Key Quote

“Everybody had a great time filming the commercials and I feel there is an even greater understanding among those that participated on what makes Aelia products so unique,” said Medolife CEO Dr. Arthur Mikaelian. “Tony was kind enough to give me a few lessons on riding a skateboard, and I was happy that Tony showed an interest in our science. We exchanged many laughs and look forward to our continued partnership. I would say my biggest takeaway from this experience is that I have a long way to go before I am as confident on a skateboard as I am about the efficacy of our products.”

Technical Data

QNTA stock is trading below the 20-Day and 50-Day Moving averages of $0.0283 and $0.0321 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.0562. The stock is down 49% in the past 3-month.