DriveItAway Holdings Inc. (OTCMKTS:CLCN) has announced on May 09, 2022 that Rushab Doshi, noted entrepreneur-in-residence and new venture builder, has joined the newly public DriveItAway team. He will act in an advisory capacity to aid the company in its continued expansion into the program for large employers to enable vehicle ownership as a means for entry level employees to get to work, while bettering lives at the same time.
Trading Data
On Monday, CLCN stock slid 2.60% to $0.1050 with more than 7K shares traded, compared to its average volume of 100K shares. The stock moved within a range of $0.1050 – 0.1066 after opening trading at $0.1066.
Global Innovation Leader Rush Doshi Joins as Advisor to DriveItAway Holdings, Inc (OTC: CLCN)
John F. Possumato, Founder and CEO of DriveItAway, states that they are now focused on enabling entry level folks the ability to benefit from driving and purchasing new EV vehicles currently available. With the addition of Rush Doshi to the team, it sends a message to all employers throughout the nation that the vehicle ownership enablement program boosts employee recruitment and retention results, while fulfilling social and sustainability goals too.
Rush Doshi is experienced in groundbreaking, technology driven innovation. Most recently, he was GM/Entrepreneur in Residence at EmployBridge, the largest industrial staffing firm in the U.S. It focused mainly on improving the lives of blue-collar workers, particularly in the area of transportation and vehicle access and ownership. Doshi feels that access to personal transportation, which is a huge problem, can now be addressed in a transparent and sustainable way via DriveItAway.
Key Quote
“We have reached several milestones as a company recently in the development and expansion of our subscription to ownership program, including now being a public company and focusing on enabling entry level folks the ability to benefit from driving and purchasing new EV vehicles currently available” says John F. Possumato, Founder and CEO of DriveItAway. “Adding Rush Doshi to our team as an advisor, is truly the next stage of our national business expansion to lead the charge in getting our message to all employers throughout the nation that our vehicle ownership enablement program dramatically increases employee recruitment and retention results, while clearly and dramatically fulfilling social and sustainability goals.”
Technical Data
CLCN stock is trading below the 20-Day and 50-Day Moving averages of $0.1069 and $0.1270 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.1598.