Yesterday, Greene Concepts Inc (OTCMKTS:INKW) was in the news cycle and before the start of trading this morning, it could be a good idea for investors to consider taking a closer look at the announcement. The company announced yesterday that it had appointed a new National Sales Director in the form of Brian Adkins.
Trading Data
On Monday, INKW stock moved down 1.08% to $0.0092 with 5.06 million shares, compared to its average volume 13.12 million shares. The stock moved within a range of $0.0087 – 0.0092 after opening trade at $0.0092.
Greene Concepts Appoints New National Sales Director To Lead Company’s Major Retail Chain Expansion
In this particular position, Adkins is going to be responsible for overseeing the expansion of all Greene Concepts brands into regional and national retail chain partners of the company. In this situation, it may be a good move for investors to take a look at Adkins’ credentials as a sales professional in order to have a better idea about the appointment.
Adkins is a highly accomplished sales professional and is experience in the consumer packaged goods industry stretches across a period of more than two decades. He has worked for companies dealing in natural food, beverage, and frozen/dry food products. However, perhaps more importantly, he has excellent relations with a large number of national and regional retail chains. Those relations are expected to come in handy when he starts work on expanding Green Concepts’ footprint.
Key Quote
“I am ready and able to make all Greene Concepts brands nationally known” conveys Brian Adkins, Greene Concepts’ new National Sales Director. “I have contacts and connections within many of the country’s giant retailers and business outlets. I fully believe that we will be in all major retailers soon as they see the value of BE WATERTM, STAY, and Happy Mellow and how the brands resonate with consumers. Health, quality, strong packaging, and a strong story are all important and our brands excel in each of these.”
Technical Data
INKW stock is trading below the 20-Day and 50-Day Moving averages of $0.0101 and $0.0095 respectively. However, the stock is trading above the 200-Day moving average of $0.0077.
