Star Alliance International Corp (OTCMKTS:STAL) dropped 10% after announcing Bryan Cappelli as the latest member of its Board of Directors. Cappelli adds vast experience to the company’s Board of Directors and will be instrumental in the company’s future growth.
Trading Data
On Friday, STAL stock moved down 10.16% to $0.5075 with more than 6K shares, compared to its average volume of 20K shares. The stock moved within a range of $0.5075 – 0.5650 after opening trade at $0.5649.
Key Details
Bryan Cappelli has almost two decades of capital markets and development experience and has funded, managed, and/or purchased over $3.0 billion in real estate investments in the New York Tri-State area.
Bryan’s accomplishments include serving as COO of Cappelli Organization. He oversaw $1 billion in mixed-use projects in Fairfield and Westchester Counties, including City Center White Plains and The Ritz Carlton Hotel and Condominiums.
CEO of STAL Weverson Correia said that Bryan’s experti8se and knowledge would be invaluable to the company as it continues to grow and expand its business. Bryan said that it is an honour and privilege to be part of the strong and focused management team at STAL. So, in the coming weeks, investors should watch STAL.
Key Quote
Weverson Correia, CEO of STAL stated, “I would like to welcome Bryan to our team. His knowledge and expertise will be invaluable to STAL as we continue to grow and expand our business.”
Technical Data
STAL stock is below the 20-Day and 50-Day Moving averages of $0.52 and $0.66 respectively. Moreover, the stock is trading below the 200-Day moving average of $1.32.
