Extreme Vehicle Battery Technologies Corp (OTCMKTS:CRYBF) Stock Gains Momentum On High Volume

Shares of Extreme Vehicle Battery Technologies Corp (OTCMKTS:CRYBF) closed slightly lower on Tuesday, bit still up 45% in a week.

Trading Data

On Tuesday, CRYBF stock fell 1% to $0.1514 with more than 932k shares traded, compared to its average volume of 515k shares. The stock has moved within a range of $0.1459 – 0.1686 after opening trading at $0.1459.

EV Battery Tech Partner, Daymak, Orders 1,000 IONiX Pro Home SmartWalls and Increases Ownership in EV Battery Tech

IONiX Pro Battery Technologies Corp and Extreme Vehicle Battery Technologies Corp (OTCMKTS:CRYBF) on December 14, 2021, announced that partner DaymakInc submitted an order for 1,000 units of the IONiX Pro Home SmartWall and has bought an extra 5,000,000 common shares in the Company.

In September, the firm confirmed that IONiX Pro will be restarting taking pre-orders for flagship SmartWall, with an estimated price of 5,500 USD per unit.

The firm said that because of global supply shortages, especially battery cells, and circuit boards, IONiX Pro will only be accepting 1,000 SmartWall orders on a first-come-first-serve basis.

The firm started getting orders after recommencement and has continued getting orders in the last few months. Post the Daymak order, IONiX Pro has over-subscribed presales and will not be accepting presales for the SmartWall.

Aldo Baiocchi, President of Daymak said that the company was impressed with EV Battery Tech and IONiX Pro’s ability for bringing the product to market in a short time.

Daymak also bought extra 5,000,000 shares of EV Battery Tech in addition to 5,000,000 shares that the company bought in October.

Bryson Goodwin, President of EV Battery said that the partnership with Daymak has been a privilege and there is excitement about continuing the relationship.

IONiX Pro Managing Director, Robert Abenante expressed gratitude to Daymark for the big order of SmartWalls and is excited about being able to show SmartWall at Daymak’s event on December 17.

Traders Corner

CRYBF stock is trading below the 20-Day and 50-Day Moving averages of $0.14 and $0.16 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.23. The stock is down 3% in the past month.