Former MGM Grand Executive, Magdy Gayed has been appointed to the new Total Multimedia (OTCMKTS:TMMI) development team, by TMMI President and CEO, Susan Bala. Mr. Gayed assumes the role of Executive Vice President of Marketing, connecting TMMI’s video technology to new market development in video games, data security, artificial intelligence, crypto currency and diversification in the Metaverse.
Trading Data
On Friday, TMMI stock rose 30.88% to $0.0178 with more than 219.99K shares, compared to its average volume of 264.51K shares. The stock moved within a range of $0.0135 – 0.0178 after opening trade at $0.0158.
TOTAL MULTIMEDIA (TMMI) Announces Appointment Of Former MGM Grand Marketing V.P.
Mr. Gayed is elated with his appointment, and excited to venture into the digital world, where he wishes to produce high quality video with new tech partners, while providing an amazing experience to consumers. He thanks Susan Bala for the opportunity and hails her as a visionary with fantastic business acumen.
Being a seasoned professional in international marketing, with his focus in Europe, Asia, and Middle East, he has had a successful career spanning four decades, by developing strategic key relationships. His previous positions with premiere hotel properties in Atlantic City, the Atlantis in the Bahamas, the Mohegan Sun in Connecticut, and his 14 years as a marketing executive with MGM international, including the opening of Aria Las Vegas, the newest of its kind hotel casino property for MGM, make him apt for the next chapter in entertainment and digital development.
Technical Data
TMMI stock is trading above the 20-Day and 50-Day Moving averages of $0.0154 and $0.0161 respectively. However, the stock is trading below the 200-Day moving average of $0.0195.
