As the trading week winds down to a close, it may be a good time for investors to look into those stocks which may have clocked significant gains so far. One of the stocks that could be tracked by investors today is that of the Nevada corporation Sibannac Inc (OTCMKTS:SNNC).
The Sibannac stock has been one of the notable movers this week so far and has managed to clock gains of as much as 25%. The wellness industry has grown at a pretty fast clip in recent times and Sibannac is currently one of the more important players in that particular space. The stock had come into focus this week in a big way after it made a major announcement yesterday.
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On Thursday it emerged that the company had been working on a Copper1 niacin product thanks to the licensing agreement that it has in place with the company Mitosynergy. Mitosynergy also owns the patent for the product. It was a significant announcement for the company and one that much have brought it into considerable focus among investors. In this context, it is perhaps also necessary for investors to keep in mind that the Campus Co platform is owned by the company.
It is a specially developed platform and it is going to be deployed for the development of this new product. David Mersky, who is the Chief Executive Officer of the company, spoke about the company’s aims as well. He said that Sibannac is going to be involved in producing the best wellness products in its class and the products are going to be produced based on advanced formulations.
He went on to add that at this point in time, the company was collaborating with some of the most renowned design people in the United States in order to produce the best possible products. It may be a good time to add the product to your watch lists.
