One of the stocks that may be looked into by investors at this point in time is that of Anything Technologies Media (OTCMKTS:EXMT). The company has been in the news in recent times but prior to getting into those developments, it could be a better idea to perhaps take a closer look at the nature of its business.
Trading Data
On Wednesday, EXMT stock ended flat at $0.0020 with more than 6.68 million shares, compared to its average volume of 4.33 million shares. The stock moved within a range of $0.0016 – 0.0021 after opening trade at $0.0021.
About The Company
Anything Technologies Media is regarded as a marketing and manufacturing company that is mainly involved in the marketing and sales of CBD Health Products. In addition to that, the company is involved in making software application as well. Anything Technologies also owns a range of subsidiary companies and through those subsidiaries; the company is engaged in making acquisitions and stringing together partnerships in the technology as well as manufacturing sectors.
Anything Technologies as well as its partner companies are headed by professional management teams, which possess considerable expertise in their lines of businesses. The company seeks harness the collective skill of those management teams in order to create a cohesive force.
Alternative Wellness Health, Inc. Announces Initial Sales of Its Amethyst Beverage CBD Orange Mango Premium Water
The company had come into focus on Wednesday after it announced that it had been successful in launching its Amethyst Beverage branded Orange Mango CBD Water. The launch of a new product is almost always a major development for any company and it is going to be interesting to see if the announcement leads to any traction for the Anything Technologies stock today.
However, that is not all. The company also noted that it had completely sold out the first production run of the product. The production run consisted of a total of 5 pallets that amounted to a total of 8640 bottles.
The product that has been offered by Amethyst Beverage is of the premium category and is made from a specialized formulation. It not only contains aloe vera but also fulvic acid and as many as 73 ionic minerals. On the other hand, the product has been manufactured in such a way that it can help in rehydrating the consumer’s body 37% faster than regular water.
Following the success of the first production run, it was announced that an order had been placed by Alternative Wellness for a second production run of the same product. It is expected to lead to truckloads of produce. In addition to that, the company also noted that it expected that the second production run would also be sold out in its entirety by the third week of next month.
It was further noted that the retail price of each bottle of the product had been set at $4.99 each and a special pricing had also been put in place for retailers as well as distributors. It was further noted that as the product continues to reach economies of scale, there might be revision in prices. The latest development was a significant once for the parent company Anything Technologies Media as well and it may be a good idea now for investors to add the stock to their watch lists.
Key Quote
“With the initial excitement and overwhelming response to this beverage, adding the proper infrastructure enables us to be ready for large orders, production and sales,” exclaimed Jeff Flasco, Director of the Beverage Division. “We’re currently deciding on additional locations to support our economic model, so we are ready for growing this business exponentially.”
Technical Data
EXMT stock is trading above the 20-Day and 50-Day Moving averages of $0.0015 and $0.0012 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.0020. The company has a total market capitalization of $8.20 million. The stock is up 150% over the past month.
